Blog Navigating the complexities of AR management: essential tactics for your AR team Unlock the secrets to AR management success in the digital age. Discover key strategies and insights now for your AR team!
Blog Top 5 best practices to accelerate digital payments & maximize team efficiency Get the five best practices to drive digital payments in your business and find out how to maximize your accounts receivable team’s efficiency.
Case Study Building products distributor cuts credit approval by 13 days Wholesale distributor of building products drives down payment timelines with solutions for credit and collections 134% daily call volume increase achieved in 6 months $1M 61+-day aging decrease achieved in 6 months
Case Study Plumbing/HVAC Distributor drives 20% boost in cash flow velocity Distributor saves time and money by removing outdated in-house AR processes. 83% match rate achieved for line items 60% match rate achieved for envelope
Case Study Transportation broker attains 91% cash application match rates Transportation broker finds new order-to-cash efficiencies after custom implementation experience. 91% match rate achieved for lockbox 86% match rate achieved for electronic payments
Case Study Medical supplier automates payments and saves $2.2M in annual fees Healthcare distributor drives savings and efficiency for processing virtual card payments. $2.2M saved in annual fees $219M in payments automated through Billtrust Digital Lockbox in 2020
In the Media Why SmileDirectClub Uses Digital Lockboxes to Streamline Receivables Streamlining AR and AP processes is a step in the right “collaboration” direction with trading partners.
