70% Automation achieved by implementing automated Cash Application Solutions over the existing A/R process

Impact Achieved

2x

Higher Production

20+

Hours saved by the team in a week

60%

Of the Analyst’s Time Repurposed to Critical Task

80%

Hit-Rate on Transactions

We could send 5000 client statements with a click of a button. We were able to give 50% of the time back to the analyst team.

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Jamie Garbis

Vice President of Credit, Collections and Treasury

Addison Group

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About Addison Group

Addison Group offers a comprehensive range of consulting and recruiting services in various industries. The organization had a rapidly growing client base so they were looking for end-to-end operations due to siloed A/R processes.

Region

Chicago, Illinois, United States

Revenue

$800 Million

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Top Challenges

  • Multiple Ledgers and High Volume of Invoices coming in
  • Manual intensive matching remittance information Processes
  • Lack of visibility into end-to-end A/R processes

Business Benefits

  • Auto-aggregated remittance feature save time and resources
  • With Auto Extraction of Invoices and Tracking, analysts were assigned to high value tasks
  • Increased Visibility and Easy Integration with Industry-Leading ERP and Banks

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Annual Savings In Actual Spends

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Reduction in Past-Dues

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