Case Study: Geith International reduces DSO and improves customer experience with Corcentric Managed AR

Geith International reduces DSO by 31 days with Corcentric Managed AR

Geith International, a leading provider of construction equipment, was struggling to manage its complex and unpredictable accounts receivable operations across its extensive dealer and OEM network. Faced with delayed payments, credit risk, and internal resource constraints, the company partnered with vendor Corcentric to implement its Managed Accounts Receivable solution.

Corcentric took full ownership of Geith's receivables, providing a dedicated team to handle credit checks, collections, and dispute resolution. The solution integrated with Geith's ERP system for real-time data sharing. The results for Geith were significant, including a 31-day reduction in DSO, the elimination of bad debt, and a drastically reduced average query resolution time. Corcentric's Managed AR solution enabled scalability, improved cash flow, and freed internal resources for higher-priority tasks.

Geith International