Summary:

The Problem

Automate delivery of four million monthly bills, introduce self-service into invoice presentment and payment process, increase customer satisfaction, free working capital, reduce Days Sales Outstanding (DSO)

The Solution

Conduct an automation assessment of accounts receivable process, document organizational metrics vs. industry standards, employ PayStream’s methodology and benchmarking data, exploit PayStream’s library of best practices across the industries, apply PayStream’s Payment Process Analysis (TM)

The Benefits

Streamline vendor vetting process and timeline, slash Days Sales Outstanding (DSO), improve financial flexibility with released working capital, enhance customer satisfaction with a Web-based environment, reduce A/R workload through self-service presentment and payables process