Case Study: TP24 improves time to yes with Codat

TP24 eliminates 40 hours of weekly data processing with Codat

TP24, a provider of working capital solutions for B2B companies, faced significant inefficiency and operational risk in its lending process. The company relied on manual assessments of client receivables data, which required reformatting files and consumed substantial internal resources. To overcome this challenge, TP24 partnered with Codat to automate data access.

By implementing Codat's robust APIs, TP24 automated its receivables processing, eliminating 40 hours of weekly manual data work. This solution from Codat improved data quality and consistency for lending assessments, reduced operational risk, and lowered the cost to serve customers. The automation also enabled TP24 to significantly reduce its 'time to yes' for lending decisions.

TP24