Case Study: Vernovis achieves 83% cash flow growth with Gaviti

How Vernovis Increased Cash Flow by 83% in 6 Months

Vernovis, a boutique consulting firm, faced a significant challenge with a manual accounts receivable process that was slow and inefficient, putting their cash flow and payroll at risk. Their high days sales outstanding (DSO) meant excessive time was spent chasing payments. To address this, they turned to the vendor Gaviti for a collections automation solution.

By implementing Gaviti, Vernovis seamlessly integrated the platform with their QuickBooks Online account. The solution automated invoice reminders and provided intuitive reporting, which drastically reduced the manual effort required. As a result, Vernovis decreased their DSO by 25% to 30 days and increased their cash flow by 83% within six months, dramatically improving their financial stability.

Vernovis

Krista Lewis

Director of Finance and Accounting