FUNDINGO
10 Case Studies
A FUNDINGO Case Study
Billd is a material supplier that provides short-term financing for the construction industry. As the company grew, it struggled to manage its material financing product with QuickBooks and manual disbursements, spending 4–6 hours each day on disbursement work and needing a more accurate, daily-recorded system with strong data integrity. Fundingo helped address these challenges with its credit servicing module.
Fundingo implemented a fully digital, streamlined, and integrated credit management system with notifications for failed repayments and other key updates. The result was a 900% increase in disbursement funds after the implementation in May 2019, while Billd cut daily disbursement time from 4–6 hours to about 1 hour of review. Billd also grew to roughly 2,500 transactions per week and doubled its team size.
Jon Placa
Director of Financial Operations