Summit Electric Supply improved its accounts receivable (AR) operations by implementing HighRadius' Credit, Collections, and Cash Application Cloud solutions. Key results included a 2.9-day reduction in DSO, 80% improvement in Collector Effectiveness Index, and 98% accuracy in header-level matching. The company automated previously manual processes such as cash application and credit approvals, leading to increased efficiency and better managerial visibility. The solution also helped automate deductions, remittance capture, and customer correspondence, reducing manual intervention and improving overall productivity.

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