ezyCollect
22 Case Studies
A ezyCollect Case Study
Hampers with Bite, a leading Australian supplier of gourmet gift hampers, faced significant cash flow challenges due to the extreme seasonality of its business. The manual, labor-intensive process of chasing thousands of open invoices provided no visibility on receivables and made it difficult for customers to pay. ezyCollect provided its accounts receivable automation and Simplypaid payment platform to address these inefficiencies.
By implementing ezyCollect's solution, Hampers with Bite automated its collections process and introduced a seamless digital payment method for customers. This resulted in a 97.99% faster cash recovery and a 94.70% reduction in overdue debtor days, bringing them down from 170 days to just 9. The efficiency gains saved 2,350 administrative hours in a year, allowing the company to quadruple its revenue while using 50% fewer resources for collections.