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Unlocked $1.1 Million in Working Capital Through Quicker Cash Conversion with FreePay
Unlocked $1.1 Million in Working Capital Through Quicker Cash Conversion with FreePay The Objective To reduce DSO, increase the productivity of the sales team as well as reduce the overall cost involved in collections and reconciliation. The Background Stanley Black & Decker (SBD) is the world’s largest Tools and Storage company, the world’s second-largest Commercial […]
3M Supercharged its Accounts Receivable and Improved DSO by 4 Days with FreePay
3M Supercharged its Accounts Receivable and Improved DSO by 4 Days with FreePay The Objective To automate the weekly direct debit from its distributors through ACH while eliminating manual errors and bringing in transparency. The Background Founded in Minnesota, US conglomerate 3M is one of the largest innovative product manufacturers in the world. 3M has […]
€7 Million Working Capital Unlocked in 9 Months with FreePay
€7 Million Working Capital Unlocked in 9 Months with FreePay The Objective To automate the manual collection & reconciliation process for Bridgestone’s 5000+ dealer network. The Background Bridgestone Corporation is a Japanese multinational auto and truck parts manufacturer founded in 1931 in the city of Kurume, Fukuoka, Japan. As of 2021, Bridgestone is the largest […]
Crompton Mitigated AR Costs and Improved Sales Productivity with FreePay
Crompton Mitigated AR Costs and Improved Sales Productivity with FreePay The Objective To reduce DSO, increase the sales team’s productivity, and reduce the overall cost of collections and reconciliation. The Background Crompton is a leading consumer electrical company with two business divisions – Lighting and Electrical Consumer Durables. Their products are available in nearly 150,000 […]
