GHD’s Accounts Receivable (AR) department employed four full-time staff to manually perform bank reconciliation and receipt payments. Each payment took 15 minutes to process, with an increased error rate due to the manual nature of the work.
- 10x faster payment processing – from 15 mins to 90 seconds
- 87% touch-free processing
- Free up three staff for value-adding activities
- Real-time cash receipt information and reporting
- Create a scalable process for greater AR process efficiency