Case Study: Locus reduces DSO by 20% with Growfin.ai

LOCUS reduces DSO by 20% with Growfin.ai

LOCUS, an integrated dispatch management platform, faced significant challenges in managing its accounts receivable due to hyper-growth. The company lacked real-time visibility into its receivables across multiple global entities and struggled with inefficient, manual customer communication tracking, which led to redundant follow-ups. To address these issues, LOCUS implemented the accounts receivable automation platform from Growfin.ai.

By using Growfin's Collections Strategy feature and unified communication inbox, LOCUS automated and personalized its follow-up process, improving customer experience. The platform provided real-time and historical A/R dashboards, enhanced collaboration with sales and customer success teams via automated task assignments, and offered AI-driven predictive analytics. As a result, Growfin helped LOCUS reduce its Days Sales Outstanding (DSO) by 20%, significantly improving collection efficiency and cash flow visibility.

LOCUS