Finexio
7 Case Studies
A Finexio Case Study
Worldwide Produce, a leading distributor of produce across the Western United States, faced a manual AP process with more than $150M in annual supplier check payments and a CFO spending hours each week signing checks. They partnered with Finexio to modernize payments and reduce reliance on paper checks using Finexio’s digital payment services.
Finexio implemented a three-tiered supplier segmentation and multi-touch outreach campaign promoting Virtual Card as the primary option and ACH as a secondary route, enabling rapid supplier conversion. As a result, Worldwide Produce moved from $150M+ to $0 in check payments on day one, shifted 67% of spend to digital methods, processed $131.2M in annual AP spend through Finexio, and paid 27K invoices.