Case Study
Daikin Applied Americas Inc.: Achieves Financial Returns and Goes Green with Electronic Payment Network
Daikin Applied Americas Inc.: Achieves Financial Returns and Goes Green with Electronic Payment Network
bottomline.com Daikin Applied Americas Inc. Achieves Financial Returns and Goes Green with Electronic Payment Network CUSTOMER SUCCESS THE SEARCH FOR AN ELECTRONIC PAYMENT SOLUTION Jerry Johnson, Sr. Director of Finance at Daikin Applied Americas Inc, recognized that Accounts Payable had a manual and time-consuming paper check process for their Vendor payments (approximately 50,000 annually). As part of his "cost down initiative," Johnson sought a solution to automate checks to ACH payments. Automating payments would also help Daikin scale to accommodate its rapidly growing services business, projected for significant growth and drive up invoice volume in the process. Daikin considered running an in-house ACH initiative but its ERP system did not support sending the robust elec