Outsourced Accounts Receivable for Apparel Firms

We understand the unique challenges of the apparel industry when it comes to accounts receivable. At Axim, we have decades of experience working with apparel companies of all sizes, with a focus on streamlining processes to ensure your business maintains a healthy cash flow. Whether you’re transitioning away from factoring, looking to fully outsource AR for apparel firms, or seeking help with credit management, Axim is a trusted partner for apparel companies.

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Specialized AR Solutions for Apparel Companies

The apparel industry has long relied on factoring for accounts receivable management, but factoring’s high costs may not align with your business goals. That’s where Axim comes in. We provide comprehensive accounts receivable apparel firms solutions without the lending component — giving you all the benefits of expert AR management at a fraction of the cost.

Unlike traditional factoring companies, Axim doesn’t lend money or buy your receivables. Instead, we handle the complete AR process for apparel firms, allowing you to secure financing from your preferred lender while we focus on what we do best: collecting your money and maintaining strong customer relationships.

Full-Service AR Management

Our team understands the specific payment and invoicing terms for major retailers, ensuring everything is right the first time. We know how to navigate department store chargeback resolutions, approved vendor requirements, and the unique compliance standards that come with selling to large retail accounts. We offer a complete suite of services tailored to the needs of apparel companies:
  • Daily Invoicing

    Daily Invoicing

    Timely, accurate invoicing keeps cash flowing and ensures customers receive clear documentation from the start.

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  • Timely Payment Posting

    Timely Payment Posting

    Accurate payment application provides real-time cash flow visibility and keeps your records current.

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  • Credit Investigations & Approvals

    Credit Investigations & Approvals

    Thorough credit checks protect your business from risk.

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  • Real-Time Order Approvals

    Real-Time Order Approvals

    Fast decisions eliminate lag and keep sales moving.

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  • Invoice Follow-ups & Collections Management

    Invoice Follow-ups & Collections Management

    Professional, relationship-focused follow-up efforts on all invoices to encourage prompt payment and maintain strong customer partnerships.

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  • Dispute Management & Chargeback Resolution

    Dispute Management & Chargeback Resolution

    Expert handling of retailer-specific requirements, including research, documentation, and proactive communication to resolve deductions quickly and protect your revenue.

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The Axim Advantage for Apparel

Deep Industry Expertise

With a database of over 18,000 apparel retail and related companies, Axim brings decades of hands-on experience to every client relationship. We’ve built extensive accounts payable contacts, credit information, and payment history that allow us to integrate quickly with new apparel clients.

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Proven Performance

Axim currently manages 35,000 open invoices totaling $38 million in open AR for our customers in the apparel sector. Our track record speaks for itself: we’ve maintained exceptional aging for long-time apparel customers, with 83% of invoices staying current and 98% within 30 days or less past due.

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Relationship-Focused Approach

When we collect on your behalf, we always call in your company’s name. We put the customer relationship first, creating an atmosphere of cooperation and enhanced service rather than the aggressive tactics some factors employ. This customer service approach helps you maintain strong partnerships with retailers while ensuring timely payment.

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Strategic Partnerships

We even work alongside factoring companies, providing outsourced AR services to factors themselves. This positions us as partners to the industry, never competitors, and demonstrates our commitment to respectful, professional accounts receivable management.

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Transitioning from Factoring to Axim

Considering an exit from your factoring relationship? We’ve successfully helped numerous apparel companies make the transition. Our seamless process ensures no customer is inconvenienced by the change. We handle all communication in your company’s name and input outstanding receivables into our proprietary system, getting up to date on your full AR picture quickly.

The result? Companies typically reduce their AR costs by over 50% while maintaining exceptional aging performance and eliminating the need to staff an internal AR department.

Real Apparel Customer Success

Learn how we achieved less than 2% over 60 days past due for one of our apparel customers since they transitioned from factoring in 2008.

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Who We Serve

Axim partners with apparel companies that typically generate approximately $5M to $150M in annual revenue. Whether you’re a growing brand seeking to establish proper credit controls or an established company looking to reduce costs and improve efficiency, our outsourced AR for apparel firms delivers results.

We apply our accounts receivable apparel firm expertise for brands including:

Ready to Transform Your Accounts Receivable?

See how Axim’s specialized AR services can reduce your costs, improve your cash flow, and strengthen your customer relationships. Our team brings decades of apparel industry expertise and proven results.

Call (661) 254-3007

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