The Client
Environmentally-focused media company
The Challenge
AP labor and resources were costing the company more than $130K every year and requiring too much paper processing—a practice that was out of alignment with the company’s eco-friendly values.
The Solution
The company partnered with Paymerang to transition to a system that was focused on online payments. Paymerang’s simple setup process minimized the transition impact, getting the company fully up and running within a week.
The Results
Aligned the company’s Accounts Payable process with their mission of creating a sustainable, environmentally friendly workplace
Created time savings of more than 400 hours a year by eliminating the need to reconcile checks
Saved more than $130K through reduced time, check stock and postage costs
Gained an additional $60K+ in annual revenue with cash rebates on payments
The Full Report
Download the PDF report here.