Case Study

Specialty chemicals company achieves 18% reduction in days sales outstanding

Specialty chemicals company achieves 18% reduction in days sales outstanding

Pages 2 Pages

1 REL | Specialty Chemicals Case Study Achieving 18% DSO reduction through a worldwide receivables improvement programme in a multi cultural environment Challenges: • Insufficient credit risk management control and long payment terms offered to customers • Significant overdue, existing billing delays and high level of disputes • Lack of consistent incentives in working capital and employee initiative fatigue • Multiple locations in proj

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