Case Study: Shurtape Technologies reduces past-due A/R by 50% with HighRadius A/R Solutions

Shurtape Technologies cuts past-due A/R by 50% with HighRadius

Shurtape Technologies, LLC, a manufacturer, faced challenges with manual and inefficient accounts receivable processes. Their lack of a centralized system for customer data and the intensive manual research required for deductions were hindering productivity and customer experience. To address this, they partnered with HighRadius and implemented its Integrated Receivables solutions.

HighRadius provided an AI-based platform that automated worklist prioritization and created a consolidated repository for all customer data. The solution also auto-aggregated backup documents from multiple sources. This implementation delivered immediate results for Shurtape, including a 50% reduction in overall past-due A/R and a 75% reduction in the 31-60 days past-due bucket. HighRadius also helped the company achieve a 100%+ efficiency gain and a 20% increase in productivity per employee.

Shurtape Technologies, LLC