$2.5Mn Saved in One Year with AI

Impact Achieved

98%

Payments Auto-Applied by the System

92%

of Short Payments Auto-Identified

56%

Resources Reallocated to Critical Tasks

We have seen financial services costs decline by $2.5Mn while the volume, quality, and productivity increase.

case-study-speaker

Colleen Zdrojewski

Vice President – Financial Services

Dr Pepper Snapple Group

Read Full Story
Scroll Down

About Keurig Dr. Pepper

Keurig Dr. Pepper, a leading beverage company in North America, brought their payments processing in-house with a cash application software to save millions of dollars in their annual run rate

Region

North America

Revenue

$11B

Employees

25000

vector-img

Top Challenges

  • Lack of real time visibility in payment statuses of outsourced accounts.
  • Manual cash application and deductions coding for e-payments
  • Manual remittance aggregation from various sources leading to delayed cash posting

Business Benefits

  • Real time visibility into payment statuses to other A/R teams facilitating better CX
  • Automated invoice matching and deductions coding to ensure faster cash application
  • Seamless capture of remittance information from various payment formats to help automate the process.
Read Full Story

Explore More Transformation Stories

Yaskawa Case Study

5.5

Days Reduction in DSO

60%

Improvement In A/R Team Productivity

~90%

CEI Achieved

Learn More
Staples

27%

Reduction in Past Dues

20%

Reduction in Bad Debt

5 days

Reduction in (ADD)

Learn More