Case Study: SBA Communications Corporation achieves consolidated vendor payments and $18.5K/year savings with Binary Stream's National Accounts for Payables

Sba Communications Corporation - Customer Case Study

SBA Communications Corporation, a leading independent owner and operator of wireless communications infrastructure, faced rapid growth from acquisitions and a sprawling vendor base (34,739 vendors) that made vendor disbursements complex and time-consuming. To consolidate and streamline payments, SBA turned to Binary Stream Software Inc. and its National Accounts for Payables solution.

Binary Stream implemented parent/child vendor relationships so SBA could pay a single parent vendor instead of many site-level vendors; using the tool on 2,408 utility vendors SBA created 599 parent vendors and 1,809 children. The National Accounts for Payables cut vendor payment volume to about 25% of prior levels, saved $1,550 per month ($18,451.80 annually) in check processing, paid for itself within four months, and improved payment visibility and reconciliation times.

Sba Communications Corporation

Jorge Grau

Chief Information Officer