Billtrust
98 Case Studies
A Billtrust Case Study
HDI Global Insurance, a leading international insurer, faced challenges with a manual accounts receivable process that lacked visibility and strained cash flow. Their brokers had no online access to invoices, and cash application was highly manual. To address this, they partnered with Billtrust for its invoicing, payments, and cash application solutions.
By implementing Billtrust's platform, HDI Global automated invoice delivery and payment matching. The results included achieving 100% electronic invoice presentment, a 40% reduction in unapplied cash, and a reduction in DSO by at least five days. Billtrust provided the robust reporting and automation needed to streamline their entire AR process.