Case Study: CourseSmart cuts invoice approval from weeks to minutes and improves cash flow with Bill.com

Bill.com Helps CourseSmart Make the Grade by Moving Finance to the Cloud

CourseSmart, the world’s largest provider of eTextbooks, was committed to eliminating paper but found its finance team buried in invoices. About 40 invoices a week were routed on paper for departmental and CEO sign-off, a process that could take up to three weeks, cause late payments, vendor complaints and large, uneven cash outflows.

After implementing Bill.com, invoices were uploaded and approved online, cutting approval time from weeks to minutes and saving about 20–30 hours of accounting work per month. The company centralized contracts and supporting documents, reassigned accounting staff to strategic projects, and gained instant visibility into cash flow with Bill.com’s Cash Forecast dashboard—an implementation that took hours, not months.

CourseSmart

Patti Randall

CFO