Decrease in DSO and solving Dispute with automated Cash Application process

Impact Achieved

87%

Increase in Productivity

Cost

Savings due to Headcount Reallocation

↑

En-hanced Visibility into A/R Reporting

Record

Time Processing of Cash and Resolving Disputes

We were able to combine a number of departments where it takes an entire department to apply cash. We now have one person applying cash, and it doesn’t even take a full day

Rebecca Cassel

Director Operational Compliance-AR/ Collection

Komar

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About Komar

$250 Million company, Komar manages a diverse portfolio consisting of owned, licensed, and private label brands dealt with inefficient cash application process and deduction management.

Region

Eastvale, CA, United States

Revenue

$250 Million

Top Challenges

Blocked Orders due to Lack of Inter team Collaboration
Bottom Line Erosion due to Inefficient Deductions
Delayed Cash Processing and Increasing DSO

Business Benefits

Auto-aggregated remittance data that ensured remittance extraction
Automatic and accurate cash posting, days sales outstanding was considerably regulated
Automated deduction coding and dispute management reduced the overall deduction research time

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