Peak Industrial
Equipment & Services · United States
$360K
Cost Savings
47%
Dso Reduction
60%
Bad Debt Reduction
Challenge
$500K in bad debt annually, $20M in open AR balances, DSO of 38 days
Solution
Billtrust invoicing, payments & surcharging, cash application, and collections
Results
DSO dropped from 38 to 20 days, AR balance cut in half to $10M, bad debt reduced to under $200K, $360K annual savings