International manufacturing company
A tough economic climate and a complex business led the company to look for new ways to drive efficiency. Check payments to vendors resulted in unnecessary postage fees, errors and control issues.
The company began looking for an AP solution with a simple implementation that wouldn’t drain IT resources, which were already overburdened. After meeting with Paymerang, they decided to move forward. The implementation process was smooth and hassle-free, as promised, and the company was able to experience immediate benefits.
Time savings of more than 400 hours each year by eliminating triweekly check runs
Savings of $10K-$15K annually by eliminating check stock and postage
$60K in additional revenue each year through cash rebates
Increased security by reducing paper checks
The Full Report
Download the PDF report here.