Case Study: BSN SPORTS cuts past dues by 50% and reduces DSO by 25 days with HighRadius

BSN SPORTS cuts past dues by 50% and reduces DSO by 25 days with HighRadius

BSN SPORTS, a major distributor of sporting goods, faced significant challenges with nearly 50% of its accounts receivable being past due, which strained cash flow. Their collectors were overwhelmed, managing 2,500 accounts each with low productivity, and the company was losing over $500,000 annually in credit card fees. To address this, they partnered with HighRadius for its AI-powered Order to Cash platform.

By implementing HighRadius's solutions, which included automated smart dunning and same-day cash application, BSN SPORTS dramatically improved its efficiency. The results included a 50% reduction in past-due balances, a 25-day reduction in DSO, and $500,000 in annual savings on credit card fees. HighRadius also enabled a 30% reduction in the collectors' workload while increasing their call and email output.

BSN SPORTS