BNG Payments
20 Case Studies
A BNG Payments Case Study
D & R Flooring, a Los Angeles-based flooring company, faced a significant challenge with a slow and inefficient payment process. They were forced to accept only paper checks, which required owners to spend time driving to collect payments and make bank deposits. This process resulted in a lengthy 30 to 60 day waiting period to receive funds, often exacerbated by clients who traveled frequently. To solve this, they partnered with vendor BNG Payments and implemented its Payments Gateway.
By using the BNG Payments Gateway, D & R Flooring eliminated the need to handle paper checks and make bank visits. The solution drastically shortened their collections cycle, with most invoices now being paid within a day or even a couple of hours. This provided instant cash flow, allowing the company to stop chasing payments and instead focus on business growth. BNG Payments gave them a consistent and reliable collection process.