€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 […]
Huhtamaki Automated over 85% of their AR Reconciliation and Posting with AlgoriQ
Huhtamaki Automated over 85% of their AR Reconciliation & Posting with AlgoriQ The Objective To enable Huhtamaki to optimize their accounts receivable process with large institutional customers through seamless integration, automated tracking of outstanding payments, and expedited dispute resolution. The Background Huhtamaki is a multinational company specializing in flexible packaging solutions. They are a market […]
Hafele Achieved 74% Increase in Productivity with FreePay
Hafele Achieved 74% Increase in Productivity with FreePay The Objective To automate the manual collection & reconciliation process for instant release of distributor credit limits and to free up the time of the Hafele commercial team. The Background Hafele is an international company that provides hardware, fitting systems and electronic access control systems around the […]
DSO (Days Sales Outstanding) – How to reduce it by 20% in 3-6 months.
4 Mins
What is AI-based Marketplace Reconciliation and how does it benefit E-commerce sellers.
5 Mins
