Debbie Kliment & Danielle Leonard of L’Oréal achieved a $57M reduction in credit risk

Debbie Kliment & Danielle Leonard of L’Oréal achieved a $57M reduction in credit risk Value Creation

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Debbie Kliment & Danielle Leonard of L’Oréal achieved a $57M reduction in credit risk

50% Reduction in Past-Dues

Value Creation Title Image

Gordon Briscoe Speaker Image

Gordon Briscoe Chief Financial Officer

L’Oréal reduced A/R overdue from 24.4% to 11.7%, unlocked $3.4M cash flow & automated deduction coding for ERP integration

50% Reduction in Past-Dues

2x Past Due Customer Coverage

Prioritized Collections Worklist

Automated Correspondence and Advanced Dunning

$500K+ Saved in Credit Card Fees

Level 3 Processing

4x Increase in Active Customers

Self-Serve Buyer Portal

Reduced Interchange Fee from $154 Million Portal Payments

50% Reduction In Past Due (40% → 20%)

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