Case Study: Spectrio achieves 90% automation of check payments and cuts AR processing to 1 hour/week with Celigo's Cash Application Manager

A Celigo Case Study

Preview of the Spectrio Case Study

Spectrio automates manual processes with Cash Application Manager

Spectrio, a leading subscription-based audio and video marketing technology company serving brands like Whole Foods and Papa Johns, faced a bottleneck in cash application. Despite using a bank lockbox, the company processed about 3,000 check payments per month and required a full-time employee to spend 30+ hours weekly on manual data entry, reconciliation and discrepancy investigations, delaying visibility into cash flow during a period of rapid growth.

By implementing Celigo’s Cash Application Manager — an out-of-the-box solution that was quick to install and configure — Spectrio automated secure bank file imports, invoice matching and exception flagging. The company immediately matched over 90% of lockbox payments, cut AR processing to roughly 1 hour per week, reassigned a full-time employee to higher-value work, gained daily verified cash visibility, improved customer payment insights, and avoided additional headcount.


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Spectrio

Aaron Kleinhandler

Chief Executive Officer


Celigo

94 Case Studies