Case Study: Potter Electric reduces manual invoice processing and DSO with Esker

Potter Electric automates 50% of PO invoices with Esker

Potter Electric Signal Company, a manufacturer of fire safety and security products, faced a challenge scaling its accounting processes to accommodate rapid annual growth of 20-35%. Its manual accounts payable tasks, particularly the three-way matching of invoices, purchase orders, and receiving reports, were becoming a significant bottleneck. The company sought an automated solution from vendor Esker that could integrate with its Epicor ERP system.

Esker implemented its Accounts Payable solution, which automated over 50% of purchase order invoices and provided greater visibility into the approval process via user-friendly dashboards. Later, Potter Electric also adopted Esker's Accounts Receivable solution. The results included a three-day reduction in Days Sales Outstanding (DSO), simplified customer payments through portals, and freed-up employee time for more strategic work. Esker's solutions provided the scalable automation Potter Electric needed for its continued growth.

Potter Electric Signal Company