50% Reduction in Write-offs and Streamlining Collections Management Process with Integrated Receivables
50% Reduction in Write-offs and Streamlining Collections Management Process with Integrated Receivables
6 PagesBrightstar, a leading mobile services company, transformed its accounts receivable (A/R) processes using HighRadius' solutions. They achieved a 50% reduction in write-offs, a 40% increase in collector efficiency, and 97% improved collections coverage. The automation of deductions and collections allowed Brightstar to streamline operations, reduce team size by 64%, and save $1M annually. Automated processes improved internal collaboration, data aggregation, and customer correspondence, significantly enhancing overall A/R efficiency.
