ezyCollect
22 Case Studies
A ezyCollect Case Study
Feral Brewing, a family-owned brewery, faced a challenge in managing debt collection for its more than 500 credit customers. With 40-45% of invoices outstanding each month, manually chasing payments was ineffective. The company turned to ezyCollect for an automated debtor management solution to address this issue.
ezyCollect implemented its platform, which synced with Feral Brewing's MYOB to track accounts receivable and send automated payment reminders. This solution significantly reduced the manual effort required for collections. As a result, Feral Brewing halved its overdue accounts within a few months, reducing them by over 50% and improving operating capital and cash flow. The ezyCollect system allowed the business to consistently exceed its target of keeping overdue accounts below 20%.