• Clean up significant A/R backlog
• Enable “new” management team to focus on core “turnaround” initiatives
• Accelerate cash flow
• Provide access to state-of-the-art A/R & Deduction Management system
• Improve customer relationships

Scope

• Total A/R invoice and deduction management for all customers
• Total account resolution
  • Invoice Collection
  • Deduction Resolution
  • Identify unidentified payments and offset
  • Account Maintenance

Results

• Reduced Average Days Late from 57 to 7 days
• Reduced the % over 90 from 26% to 2.3%
• Reduced Days Deductions Outstanding from 276 to 98 days
• Significant improvement in professional customer contact and coverage
• Drastic improvement in management reporting and analytics