Bishop Lifting | Cash Forecasting Success Story

96% Credit Scoring Automation

Building Materials New

Credit Management

$13 Million Invalid Deductions Recovered Annually

Food & Beverages New

Deductions

Deductions Management

$5.5 Million Saved In Credit Card Fees Annually

Technology New

EIPP

Electronic Invoicing

$93 Million Worth Payments Processed Annually

Food & Beverages New

EIPP

Electronic Invoicing

96% Accurate Receivables Forecasting Over 6-Months

CPG New

Cash Forecasting

75% Improvement In Revenue Recognition Productivity

Others New

Daily Revenue Reconciliation

$2 Million Saved Annually In Accounts Payable Across 1800+ Stores

Manufacturing

Accounts Payable

$500K+ Saved In Credit Card Fees With Level III Processing

Others

EIPP

Electronic Invoicing

56% Decrease In % Past-Due For Aging Buckets Above 5 Days

Manufacturing

Collections

Collections Management

75% Improvement In Daily Reporting Time

Manufacturing

Cash Forecasting

Cash Management

65% Faster Bank Reconciliation & 99% Automated Task Completion

Food & Beverages

Balance Sheet Reconciliation

91% Automated Straight-Through Cash Application

Building Materials

Cash Application

Cash Application Management

Zero Bad Debt Four Years In A Row & 70% Faster Onboarding

Manufacturing

Credit Management

46% Lower Past-Dues & 54% Increase In Productivity

Manufacturing

Collections

Collections Management

$25.5Mn+ Invalid Deductions Recovered Annually

CPG

Deductions

Deductions Management

85% Accurate Cash Forecasting Across Cash Collection & Deposit

Building Materials

Cash Forecasting

75% Faster Bank Reconciliation & 99% Auto-Transaction Matching

Technology

Balance Sheet Reconciliation

90% Straight-Through Cash Application For 600K+ Invoices

Others

Cash Application

Cash Application Management

5 Day Reduction In DSO & 43% Increase In Collector Productivity

Manufacturing

Collections

Collections Management

$170 Million In Working Capital Unlocked Annually

Energy

Collections

Collections Management

$7.5 Million Invalid Deductions Recovered Annually

Food & Beverages

Deductions

Deductions Management

28% Reduction In Past-Dues & 30% Improved A/R Productivity

Building Materials

Collections

Collections Management

96% Straight-Through Cash Application

CPG

Cash Application

Cash Application Management

$5 Million Recovered In Invalid Deductions Annually

Food & Beverages

Deductions

Deductions Management

93% Straight-Through Cash Application

Manufacturing

Cash Application

Cash Application Management

$400K Interest Savings In Short-Term Loans

Technology

Cash Forecasting

Cash Management

50% Reduction In Dispute Resolution Time

Manufacturing

Deductions

Deductions Management

$6.2 Million Unlocked In Working Capital Annually

Food & Beverages

Collections

Collections Management

$57 Million Reduction In Credit Risk Annually

CPG

Credit Management

30% Reduction In Past-Dues & 70% Faster Customer Onboarding

Building Materials

Credit

Credit Management

50% Reduction In Past Dues With 2X Past-Due Customer Coverage

Others

Collections

Collections Management

20-Day Reduction In DSO & 40% Boost In Collector Productivity

Others

Collections

Collections Management

$30Mn Added In Cash Flows Across O2C, Accounting & Treasury

Others

97% Productivity Boost In Cash Forecasting

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Industry

Product

ERP

Customer Size

96% Credit Scoring Automation

$13 Million Invalid Deductions Recovered Annually

$5.5 Million Saved In Credit Card Fees Annually

$93 Million Worth Payments Processed Annually

96% Accurate Receivables Forecasting Over 6-Months

75% Improvement In Revenue Recognition Productivity

$2 Million Saved Annually In Accounts Payable Across 1800+ Stores

$500K+ Saved In Credit Card Fees With Level III Processing

56% Decrease In % Past-Due For Aging Buckets Above 5 Days

75% Improvement In Daily Reporting Time

65% Faster Bank Reconciliation & 99% Automated Task Completion

91% Automated Straight-Through Cash Application

Zero Bad Debt Four Years In A Row & 70% Faster Onboarding

46% Lower Past-Dues & 54% Increase In Productivity

$25.5Mn+ Invalid Deductions Recovered Annually

85% Accurate Cash Forecasting Across Cash Collection & Deposit

75% Faster Bank Reconciliation & 99% Auto-Transaction Matching

90% Straight-Through Cash Application For 600K+ Invoices

5 Day Reduction In DSO & 43% Increase In Collector Productivity

$170 Million In Working Capital Unlocked Annually

$7.5 Million Invalid Deductions Recovered Annually

28% Reduction In Past-Dues & 30% Improved A/R Productivity

96% Straight-Through Cash Application

$5 Million Recovered In Invalid Deductions Annually

93% Straight-Through Cash Application

$400K Interest Savings In Short-Term Loans

50% Reduction In Dispute Resolution Time

$6.2 Million Unlocked In Working Capital Annually

$57 Million Reduction In Credit Risk Annually

30% Reduction In Past-Dues & 70% Faster Customer Onboarding

50% Reduction In Past Dues With 2X Past-Due Customer Coverage

20-Day Reduction In DSO & 40% Boost In Collector Productivity

$30Mn Added In Cash Flows Across O2C, Accounting & Treasury

Order to Cash

Accounts Payable

B2B Payments

Consolidation & Reporting

Close & Reconciliation

Treasury & Risk

97% Productivity Boost In Cash Forecasting

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Industry

Product

ERP

Customer Size