Case Study: Ardent Mills achieves 90% past-due reduction with HighRadius integrated receivables automation

Ardent Mills reduces past-due accounts by 90% with HighRadius

Ardent Mills, North America's leading flour supplier, faced challenges with manual collections prioritization, expensive bank lockbox services, and time-intensive remittance data aggregation. To address these issues, they partnered with HighRadius and implemented its Integrated Receivables platform for A/R automation.

HighRadius provided an AI-powered solution that automated cash application and deductions management. The results were significant, including a 90% reduction in past-due accounts, 3x faster cash posting, and 82% straight-through processing. This led to a 50% headcount reduction and allowed Ardent Mills to reallocate two FTEs to more critical tasks.

Ardent Mills