Case Study: Lennox EMEA improves working capital with Esker

Lennox EMEA improves working capital by €500,000 with Esker

Lennox EMEA, a manufacturer and distributor of heating and cooling solutions, faced challenges with manual, paper-based financial processes that were time-consuming and inefficient. To strengthen its competitiveness, Lennox EMEA partnered with Esker to automate its accounts receivable and accounts payable cycles, including invoice delivery and collections management.

By implementing Esker's solutions, Lennox EMEA streamlined its invoice processing, gaining better visibility and significantly reducing manual tasks. The results were substantial, including a 50% reduction in overdue receivables on small accounts and an improvement in working capital requirements by €500,000. Esker's automation also accelerated processing times, enhanced supplier relationships, and increased the company's overall appeal.

Lennox EMEA