Case Study: Water Purification Vendor achieves faster cash application with Bottomline Paymode

A Bottomline Case Study

Preview of the Water Purification Vendor Case Study

chieves Faster Cash Application after Joining Electronic Payment Network

Water Purification Vendor (WPV), a national water filtration manufacturer, faced an inefficient accounts receivable process driven by mostly recurring monthly rentals (about 90% of invoices) and a mix of 70% checks, 20% ACH and 10% card payments. Because many payments arrived without adequate remittance details, AR staff spent significant time matching payments to the correct account, invoice and billing cycle, and check deposits added delays and manual work.

WPV enrolled in the Paymode electronic payment network, where many of their largest customers were already members, enabling immediate ACH payments with clear digital remittance. The AR team now gets real‑time confirmations, accesses detailed remittance in their preferred format, applies payments faster (payments are in their account the next day) and avoids bank trips—resulting in streamlined receivables, faster cash application and reduced errors, and WPV actively encourages other customers to join the network.


Open case study document...

Bottomline

134 Case Studies