TTK Prestige Leveraged AI to Achieve 90% Accuracy & 80% Improved Efficiency in Cash Application
TTK Prestige Leveraged AI to Achieve 90% Accuracy & 80% Improved Efficiency in Cash Application The Objective To expedite the receivables process, eliminate payment matching errors and improve visibility into the cash reconciliation process. The Background TTK Prestige Limited is a multinational company specializing in kitchen and home appliances. It has been the leader of […]
Page Industries Reduced 90% Manual Efforts in Cash Application Processes using AlgoriQ
Page Industries Reduced 90% Manual Efforts in Cash Application Processes using AlgoriQ The Objective To improve operational efficiency by saving time for finance teams in the cash application process. The Background Page Industries, headquartered in Bangalore, India, was founded in 1994 and is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and […]
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 […]
Accounts Receivable Management for 3000 Strong Dealer Network
Accounts Receivable Management for 3000 Strong Dealer Network The Objective To enhance accounts receivable management by digitizing the collection process primarily to optimize the working capital efficiency. The Background Goldmedal is a homegrown electrical company established in 1979. With 6,000 strong dealer networks across India, Goldmedal used traditional collection methods, i.e., checks & post-dated checks […]
V-Guard Optimized its Accounts Receivable with FreePay
V-Guard Optimized its Accounts Receivable with FreePay The Objective To streamline collections, reduce DSO, boost resource productivity and reduce cost. The Background V-Guard is a manufacturer of consumer products ranging from voltage stabilizers, electrical cables, electric pumps, electric motors, geysers, solar water heaters, electric fans and UPSs. Being market leaders across multiple geographies and product […]
Marico Improved AR Visibility and Boosted Working Capital Efficiency with AlgoriQ
Marico Improved AR Visibility and Boosted Working Capital Efficiency for its Modern Trade Customers with AlgoriQ The Objective To reduce the time and efforts involved in reconciliation of payments. The Background Marico is a leading multinational consumer goods company operating in the global beauty and wellness categories. Marico nurtures leading brands across categories of hair […]
GSK Increased the Success Rate of ACH Debits to 65% Within the First Three Cycles
Pharmaceutical Manufacturing Giant, GSK, Increased the Success Rate of ACH Debits to 65% Within the First Three Cycles The Objective To automate their accounts receivable within their dealer and distributor network through the ACH mechanism, allowing them to track upcoming payments and avail cash discounts for early payments. The Background GlaxoSmithKline Pharmaceuticals Ltd is an […]
