Case Study: Lockheed Martin supplier Nationwide Consulting gains invoice visibility and on-time payments with Direct Commerce

Lockheed Martin achieves on-time supplier payments with Direct Commerce

Direct Commerce worked with its customer Lockheed Martin to address the challenges faced by Lockheed's supplier, Nationwide Consulting. The small business struggled with a lack of visibility and inefficiency in the accounts payable process, having to rely on faxing purchase orders and invoices without any status updates or reliable payment timelines from the large enterprise.

The solution was Direct Commerce's platform, which provided Nationwide Consulting with clear, real-time visibility into every stage of the invoice and payment process. This implementation by Direct Commerce ensured timely payments, eliminated the need for manual follow-ups, and transformed financial operations for the small business, allowing them to forecast accurately and manage working capital effectively.

Lockheed Martin