Case Study: Qbtech cuts overdue invoices by 67% with Kolleno

Qbtech cuts overdue invoices by 67% with Kolleno

Qbtech, a healthcare technology company, faced significant challenges in managing its accounts receivable as it expanded across multiple countries. Its finance operations were fragmented, with each subsidiary using different manual processes, leading to a lack of visibility, rising overdue balances, and inefficiencies. To regain control and automate its AR, the company turned to Kolleno's accounts receivable management platform.

By implementing Kolleno, Qbtech automated its collections workflows, gained a centralized dashboard for oversight, and utilized a customer portal for self-service. The solution integrated seamlessly with their NetSuite ERP. As a result, Kolleno helped Qbtech cut overdue invoices by 67%, reduce the median days overdue by 31%, and save over 150 hours in the first three months alone, transforming their financial operations.

Qbtech