MV Pro Audio performs and maintains all accounting functions, including invoicing, collections, calculation and payment of sales commission, vendor payments, and the like.
- Financial Reporting: MV Pro Audio provides monthly reports to the company detailing all financial activities, including sales, expenses, account agings, inventory levels, and so on.
- Timely Collection of Dealer Account Balances: MV Pro Audio diligently monitors accounts receivables and communicates directly with dealers to both ward off potential problems and correct any outstanding difficulties. Company payment terms are included, as appropriate, in all sales communications, and we work closely with each individual dealer to maximize efficiency of operation with their accounting systems. Invoicing is handled electronically to help ensure timely payments and to avoid possible delays caused by traditional mail.
- Changes in Overall Business Climate: As part of our ongoing communications, MV Pro Audio updates our partner companies with known or anticipated industry and/or dealer business changes that could have significant financial impact.