Case Study

Increases Accounts Receivable Efficiency through Statement Automation

Increases Accounts Receivable Efficiency through Statement Automation

Pages 2 Pages

bottomline.com Bottomline Technologies Increases Accounts Receivable Efficiency through Statement Automation BURIED IN PAPER As a premier provider of technology-based business solutions, Bottomline Technologies understands the value of automating outbound document processing. To accomplish that initiative, Bottomline’s finance team turned to the PTX platform, its own cloud-based document and communications network. PTX transformed the Accounts Receivable (AR) process by converting the majority of its statements and invoices from paper-based to electronic format. Bottomline’s Credit Control department was one of several to adopt this technology. The Credit Control team handles many AR tasks including invoice queries, escalations, collecting outstanding balances and statement runs

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