Case Study: Clark Hill achieves 30% of supplier spend enrolled in electronic payments with Finexio

Finexio's 24/7 supportenabled optimal supplier communication

Clark Hill, a large multidisciplinary law firm with more than 600 attorneys, wanted to modernize supplier payments to reduce rising check costs and improve payment speed and security. They engaged Finexio to deploy an electronic payments program, using Finexio’s supplier enrollment and onboarding services to shift suppliers from paper checks to electronic and virtual card payments.

Finexio ran a segmented supplier enrollment campaign with a 24/7 onboarding team and consistent communication with Clark Hill, resulting in over 30% of spend enrolled in electronic payment methods within six months, $12M of spend moved to virtual card payments, and a projected $100k captured benefit from revenue share and cost savings.

Clark Hill