What We Do - Drive Profit
CORA provides business assessments at no charge to corporations to identify corporate profit enhancement telework outsourcing opportunities.
CORA trains Special Needs workers to provide BackOffice Business Process Outsourcing Solutions and continuous supervision of teleworkers by our experts in your industry!
Client Key Benefits:
- 25% to 50% annual cost savings without capital investment
- Increased management control over the process and the business
- Quality and accuracy from CORA's BackOffice management expertise
- Real-time access to critical financial & operational data and business metrics
- Improved employee productivity
- Reduced management & human resource burden
- Greater focus on the core business and the items that add value
Accelerate the Recovery of Cash
Order to Cash Process - increase cash flow, decrease bad debt write-offs, and reduce the administrative and technology costs associated with the order-to-cash process. We specialize in accounts receivable outsourcing solutions for major corporations.
Over the course of 20-years history, Ms. Ilene Morris-Sambur, has managed in excess of $20 Billion in receivables in a variety of industries. Resulting from this “hands-on” experience, we leverage our best practices in receivables management and business process improvement to achieve deliverable superior results. These best practices have been constantly improved over the years by touching millions of invoices and deductions.
We've refined our operating model to incorporate technology and automate processes wherever possible to provide improved visibility and productivity for our clients. We measure our success by reduced deductions, improved customer satisfaction, reduced DSO, and reducing the capital requirements relating to workforce automation, deduction management, and A/R management systems. We also serve as an agent for change- enabling our clients to achieve improved results through outsourcing and re-direct valuable resources to more strategic initiatives.
We structure the most cost effective solution to meet a client's particular needs, cost and cash generation targets.
Telework Outsourcing Solutions That Work!
We offer a complete array of order-to-cash solutions. We offer modular and complete outsourcing solutions supported by our customized workflow tools, accounts receivable (A/R) technology platform, and management solutions. Engagement models include outsourcing the entire order-to-cash business process, or outsourcing a single process such as or B2B Collections, Cash Applications, and Backlog Resolution.
- B2B First Party Collections
- Government Contract Collection Specialists
- Order and/or Claim Management
- Billing
- Invoice and/or Claim Collection
- Exception Management including Deductions, Disputes, and Denials
- Cash Application
- Reconciliation and Reporting
- Backlog Resolution
We develop customized business processes for each client we serve. While we employ our technology and best practices with every client, each client and each business process necessitates a customized business process for that client to fully meet their needs.
The essential CORA BackOffice difference is; while other Business Process Outsourcing firms try to fit a client's business processes into their existing processes or simply replace your people with their people, we develop and then implement processes unique to each client. This ensures success and excellence with every client.
To achieve this we provide full service accounting outsourcing services, specializing in Accounts Receivable Management by acting as an extension of our client’s Accounting Department.
For companies that would like to improve collections, reduce operating expense and increase profits, our outsourcing service is the answer.