Avenu Insights & Analytics faced AR challenges after several acquisitions, causing their invoice volume to surge from 250 to over 1,000 per month, with their DSO reaching nearly 70 days. Relying on manual processes with Excel and Outlook, their team struggled to manage the growing workload. To streamline operations, they implemented Lockstep's AR automation, which offered a complete solution for managing invoicing and collections. This reduced DSO by 20 days, enabled scalability without adding staff, and improved efficiency with real-time reporting and analytics, allowing the team to focus on higher-level tasks.

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