Case Study: Environmental Air Products cuts overdue invoices and late payments with Kolleno

Environmental Air Products cuts 91+ day overdue invoices by 77% with Kolleno

Environmental Air Products (EAP), a manufacturer's representative in the HVAC industry, faced significant challenges with its manual accounts receivable process. With only one credit manager handling all collections, the company struggled with inefficient follow-ups, a lack of automated statements, and poor visibility into aging invoices, which caused cash flow delays. To address this, EAP turned to the vendor Kolleno for its AR management solution.

By implementing Kolleno, EAP automated its customer communication workflows and monthly statements, and gained a centralized collections dashboard for full visibility. This solution led to a 22% reduction in overdue invoices, a 46% drop in median days late, and a 77% decrease in 91+ day aging invoices. Kolleno helped EAP tremendously improve its cash flow and operational efficiency.

Environmental Air Products (eap)