Case Study: Parsons Electric achieves automated AP reconciliation and cost savings with Comdata and Computer Guidance Corporation eCMS Connect

Parsons Electric - Customer Case Study

Parsons Electric, a specialty contractor, faced significant challenges with its manual vendor payment process, which relied on checks and ACH. This method was costly, estimated at $4-5 per check, and was prone to errors, fraud, and required extensive manual reconciliation. Seeking a more efficient and secure solution, they partnered with vendor Computer Guidance Corporation and implemented the eCMS Connect for Comdata virtual payment system.

The solution from Computer Guidance Corporation integrated seamlessly with Parsons' existing eCMS ERP, automating payment processing and reconciliation. This implementation eliminated manual data entry, reduced processing time for AP employees, and provided robust financial controls. The results were substantial, with Parsons Electric achieving total savings of $312,115, which included estimated money back of $286,349 and check savings of $25,766.

Parsons Electric

Jeff Moryn

Chief Information Officer