Case Study

WORLDPAC Auto-part distributor drives down DSO with customer invoicing and payments flexibility

WORLDPAC Auto-part distributor drives down DSO with customer invoicing and payments flexibility

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Auto-part distributor drives down DSO with customer invoicing and payments flexibility WORLDPAC $16M IN PAYMENTS AUTOMATED Through BPN in H1 2020 27-DAY AVG. DSO Achieved for customer payments THE CHALLENGE WORLDPAC was formed in 1995 as a result of several acquisitions of companies spanning over 30 years of service in the import aftermarket. They import and distribute original equipment and quality aftermarket replacement automotive parts for the independent service professional. They support their many customers with 100+ strategically located facilities across the country. In the beginning, WORLDPAC mostly relied on their drivers to hand deliver customer invoices with deliveries. However, the amount of time it took to get paid was taking its toll. They wanted to provide cus

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