Case Study

Hampers with Bites: Revolutionised Accounting Process & Aged Receivables with ezyCollect

Hampers with Bites: Revolutionised Accounting Process & Aged Receivables with ezyCollect

Pages 3 Pages

Hampers with Bite, a leading Australian gift hamper supplier, faced challenges with high seasonality, cash flow issues, and inefficient manual processes in their accounts receivable (AR) management. By implementing ezyCollect's AR automation and Simplypaid payment platform, the company saw significant improvements, including a 94.70% reduction in overdue debtor days, 4x revenue growth, and a 50% reduction in resources needed for collections. This automation saved over 2,350 hours and $79,339 in administrative costs within a year, revolutionizing their AR process and improving cash flow efficiency.

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