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Accounts Receivables Process Case Study
Case Study

Streamlined Accounts Receivables Process For A Leading Publishing Giant

Client

The client is a publicly traded American publishing company based in Sacramento, California. It operates 29 daily newspapers in 14 states and has an average weekday circulation of 1.6 million and Sunday circulation of 2.4 million.


Industry

Media & Publishing

Case Study - Streamlined Accounts Receivables Process For A Leading Publishing Giant

Challenges

The client wanted a centralized Accounts Receivables process which was scattered across different geographical regions in the country.

They were facing issues with longer processing cycle as the entire operation was carried out manually and excess Turn Around Time showcased delay in payments and allocations

Solution

Datamatics implemented its intelligent workflow solution, Finato, and integrated it with the client's Peoplesoft ERP for auto approvals and auto-routing.

Datamatics also implemented its intelligent document processing solution, TruCap+ to automatically read and scan the documents.

Impacts

99.5 percent accuracy achieved

99.5%

Accuracy Achieved