Case Study

How Locus achieved 20% reduction in DSO with Growfin

Locus provides enterprises with an end-to-end logistics automation platform. Bolstered by a funding round in 2021, Locus is wholeheartedly committed to amplifying its growth drivers to its customers. Nonetheless, a single challenge emerged – collections. The company encountered hurdles with receivables, stemming from manual procedures, the absence of instantaneous insight into Accounts Receivable status, and the intricacies of customer correspondence.

This case study uncovers how Growfin empowered Locus to streamline its Accounts Receivable processes to address these challenges and improve collections efficiency.

Growfin ranked as high performer in receivables category