Tired of your current AR processes slowing down cash flow? The Controller’s Handbook gives you actionable strategies used by top-performing finance teams to proactively reduce your Days Sales Outstanding and accelerate payments.
How to identify and manage payment risks early.
How to streamline your AR operations without adding headcount.
How to improve collaboration and visibility across your teams.
How to shorten your payment cycles and boost cash flow immediately.
Automation in Collection tasks
Reduction
in DSO
Reduction in Time to Collect
Increase in Cash Flow
Growfin has transformed our accounts receivable management. The automated processes and seamless data flow have allowed us to focus more on strategic initiatives rather than manual tasks.
Growfin’s AI-powered Health Score gives us an accurate view of accounts to prioritize. Now, our percentage of overdue invoices has dropped from 25% to 22%, overdue dollars have dropped from 20% to 15%, and our DSO has reduced from 45 to 30 days.
Our older and aged invoices have been getting paid faster with Growfin. Their team was super helpful during implementation, and their support has been incredibly fast.
With Growfin, our AR processes are not only more efficient but also more organized. This has led to a 20% reduction in manual effort and a 30% reduction in outstanding receivables, increasing our cash flow by 27%.