Ascendum is a leading dealer of construction equipment in the United States. Ascendum has branches all over North Carolina, South Carolina, Georgia, Tennessee, and North Dakota. They started their journey with Billtrust products in 2019 and utilize our Invoicing, Cash Application, Payments, and solutions.
The challenge
- Ascendum was growing and needed to scale their AR
- Facing competition for resources and talent to perform repetitive tasks
- ACH batches were previously manually worked and posted the next day after receiving funds
In this video, Marco Loureiro, Chief Financial Officer, Ascendum, discusses why you shouldn’t underestimate the power of a truly optimized, modern AR process.
Impact achieved
145%
electronic invoices increased
53%
increase in electronic payments
75%
time savings processing checks
$0.66
savings per invoice
Billtrust solutions implemented by Ascendum
Invoicing
Automate invoice delivery, streamline billing processes, reduce printing and mailing costs, and ensure global e-invoicing compliance.
Cash Application
Improve accuracy with machine learning, cut costs through automation, and effortlessly manage digital payments.
Payments
Get paid faster, control costs with advanced features, improve customer service, and drive digital adoption for speedier transactions.
Enhance customer experience, automate workflows, collect payments anywhere, and gain insightful analytics.
An end-to-end AR experience
Our unified platform harnesses the full potential of your financial ecosystem effortlessly.