Case Study: DNA Payments achieves 110% faster collections with Kolleno

DNA Payments boosts collections by 110% with Kolleno

DNA Payments, a London-based payment solution provider, faced significant challenges scaling its manual accounts receivable processes. As the company grew rapidly, its finance team was overwhelmed by manual payment reconciliation, delayed collections, fragmented customer communications, and limited cash flow visibility. These inefficiencies were hindering their financial operations, prompting them to seek an automated solution from Kolleno.

Kolleno implemented its comprehensive accounts receivable management platform, which automated payment reconciliation and integrated seamlessly with DNA Payments' NetSuite and GoCardless systems. The solution featured intelligent communication workflows and centralized tracking. The results were transformative, including a 110% increase in collections within 30 days, a 30% reduction in median days late, and a 34% decrease in the total overdue balance within the first three months. Kolleno fundamentally streamlined DNA Payments' financial operations.

DNA Payments