How DXP Accelerated Cash Application for 50K+ Invoices by Eliminating Outdated and Inefficient Processes
Impact Achieved
87%
Cash Application Automation
38.5%
Improvement in cash flow
$100 Mn
Collected in five consecutive months
100%
Automated deductions coding for short payments
“The single biggest challenge that forced us to look at automation was the extent of manual intervention of our daily processes, whether it was cash posting or any undirected ability to collect on our customers, who to collect and when to collect.”
Joseph Grass
Director, AR and Credit
DXP Enterprises
