Case Study: Komar reduces DSO and dispute volumes with HighRadius AI

Komar boosts productivity by 87% with HighRadius

Komar, a $250 million apparel company, faced challenges with an inefficient cash application process and deduction management, leading to delayed cash processing and increasing DSO. To address these issues, they partnered with HighRadius to implement its AI-powered Cash Application Management and Deductions Management solutions.

HighRadius provided an automated solution that auto-aggregated remittance data and accurately posted cash. This regulated days sales outstanding and automated deduction coding, which reduced research time. As a result, Komar achieved an 87% increase in productivity, significant cost savings from headcount reallocation, and now processes 80% of payments automatically.

Komar