A U.S. manufacturer of vehicle parts and services sought to streamline its accounts receivable (AR) processes as its business expanded. By partnering with Corcentric, the company outsourced its billing and collections processes while enabling electronic invoicing through Corcentric’s Managed AR solution. This solution connected the company’s ERP and point of sale systems, providing improved billing accuracy and visibility, which reduced disputes. Corcentric assumed the manufacturer’s credit risk and accelerated payments, reducing days sales outstanding (DSO) from 37 to 15 days. The transformation allowed the company to focus on cash flow and growth, resulting in increased revenue, customer acquisition, and retention.

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