Case Study
CorneaGen
CorneaGen, a company specializing in corneal care, faced challenges with slow collections, manual processes, and poor AR visibility, risking cash flow issues. By implementing Quadient AR, they automated collections and improved billing efficiency by 87%. This reduced their Days Sales Outstanding (DSO) by 50% and cut overdue invoices from $5.5M to $2.1M. The solution also decreased write-offs due to customer non-response by 70%. Enhanced customer experience and self-service capabilities allowed CorneaGen to navigate challenges and improve financial operations.