80% Cash Application Automated Beyond ERP Limits

Impact Achieved

80%

Automated Cash Application

224

Man-Hours Saved Per Month

33%

Reduction in Manpower

64%

Reduction in Time Taken to Apply Payments

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About Clorox

The Clorox Company, a leading CPG company leveraged technology to work around the limitations of their ERP system and ensured 80% automated cash posting with HighRadius Cash Application Solution

REGION

North America

REVENUE

$6.72 Billion

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Top Challenges

  • Inaccurate and delayed cash posting.
  • Decreased productivity within the team as remittances were received through emails and web portals.
  • Performing deduction coding manually for a high volume of deductions.

Business Benefits

  • Automated invoice matching helped them in processing the payments faster.
  • Seamless capture of remittance information from various payment formats helped automate the process.
  • Automated deduction coding to eliminate manual deduction coding and delay involved.
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