Case Study: Mercury Marine achieves 100% improvement in A/R team productivity with HighRadius

Mercury Marine improves A/R team productivity by 100% with HighRadius

Mercury Marine, a marine propulsion systems manufacturer, faced challenges with manual credit management processes. Their team was aggregating data into spreadsheets from complex ERP systems and taking 4.5 days for a lengthy, error-prone customer onboarding. To address this, they worked with HighRadius to implement a credit management solution.

HighRadius implemented a solution that automatically extracts credit data from over 40 agencies like Experian and Equifax. This shift to online data input eliminated the lengthy onboarding and allowed the team to proactively prioritize high-risk accounts. As a result, Mercury Marine achieved a 100% improvement in accounts receivable team productivity and a 67% reduction in customer onboarding time.

Mercury Marine