Case Study: Leading Employment Company automates cash application and saves millions with Billtrust

Employment company automates cash application with VMS portals

Leading Employment Company, a large staffing organization with more than 400 locations, was struggling with the manual work involved in pulling remittance information from complex VMS portals. Before Billtrust, each portal had different requirements, and many payments required time-consuming research and manual cash application.

Leading Employment Company partnered with Billtrust and implemented Billtrust Cash Application to automatically retrieve remittance data and match payments using OCR and statistical analysis. The results were projected to deliver $1.5 million in gross savings over three years, 79% labor cost savings, and 49% payment processing cost savings, while also improving team retention and morale.