Cloudx Logic

Flagship review

AR Exception Review

A full pass over open receivables to identify disputed invoices, aging outliers, remittance mismatches, and items needing write-off discussion.

AR Exception Review

Who this is for

Finance teams whose aged receivables extract shows a growing tail of unexplained items — invoices past terms with no clear dispute log, remittances sitting in unapplied cash, or credit notes that do not reconcile to the original sale.

Result you receive

A written findings pack listing each material exception with:

  • Source reference (invoice, remittance advice, or credit note identifier)
  • Likely cause category (dispute, timing, posting error, duplicate, collectability concern)
  • Recommended next action for your AR staff
  • Summary counts by aging bucket and cause

We do not take over collections. We document what needs attention so your team can act.

Scope included

  • Kick-off call to agree extract formats and materiality thresholds
  • Review of the current AR aging and supporting open-item listing
  • Sampling or full scan of exceptions above the agreed threshold
  • Cross-check of a defined sample of remittance advice against unapplied cash
  • Draft findings discussion with your AR lead
  • Final findings pack (PDF) and a short briefing call

Out of scope

  • Legal recovery or debtor negotiation
  • Restatement of prior-period financial statements
  • Full statutory audit procedures
  • Ongoing AR clerking or daily cash application

Provider & process

Work is led by a Cloudx Logic receivables reviewer with support from a second reviewer for large ledgers. You appoint one internal contact who can answer invoice questions within 24 hours during fieldwork.

Preparation

Provide, under NDA if required:

  1. Latest AR aging (Excel or CSV)
  2. Open-item detail with invoice dates and customer codes
  3. Unapplied cash / remittance suspense listing
  4. Credit-note register for the last two periods
  5. Access notes for any invoice PDF repository you use

Constraints

Materiality is agreed in writing before fieldwork. Items below the threshold are summarized by count only. Reviews scheduled within five working days of a hard close date carry a rush premium (see Fees).

Next step

Request this review with your approximate open-item count and close date. We reply within one business day with a fee outline and proposed start week.