Case Study: Labourpower Recruitment Services improves cash flow and reduces DSO with Earlytrade

Labourpower Recruitment Services reduces DSO and speeds cash collection with Earlytrade

Labourpower Recruitment Services, a national labour-hire provider, needed to improve the management of its cash-to-cash cycles and reduce the time taken to collect payments. Their challenge was maintaining cash flow and visibility over accounts receivable due to the payroll-intensive nature of their supply chain. They turned to the Earlytrade platform for a solution.

By implementing Earlytrade's platform, Labourpower was able to significantly reduce its days sales outstanding (DSO) and enhance overall cash flow. The solution provided easy integration with a major customer and delivered critical visibility over billing and receivables without any downside. Earlytrade achieved these results by adding value to the company's existing financial facility and cutting the average number of days to collect payment.

Labourpower Recruitment Services