Sysco Corporation, a global leader in food distribution, faced challenges with decentralized cash application processes across its 72 operating companies, leading to inefficiencies, manual intervention, and inaccurate cash posting. Payments were processed via multiple formats—checks, ACH, credit cards, and more—without using remittance information, resulting in a low 30-40% match rate and heavy manual work for their A/R team. By implementing HighRadius’ Cash Application Cloud, Sysco achieved 85% automation in payment processing, improved team productivity, centralized cash posting, and automated deduction identification. The solution reduced manual tasks and provided real-time data access, allowing Sysco to process payments across all operating companies with a single check.

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