Case Study: Rio Marine shortens payment cycles by 75% with Mekorma

Rio Marine shortens their payment cycle by 75%

Rio Marine, a company handling a large volume of invoices, faced a slow and entirely manual payment cycle that took a week or longer to complete. This outdated process was further challenged by the need for remote work. To address this, they turned to solutions from their existing vendor, Mekorma, to automate their accounts payable workflow.

By implementing Mekorma's Power Approvals for remote payment authorization and the Payment Hub's Action Board to automate batch processing and payment file creation, Rio Marine streamlined its entire operation. The solution from Mekorma enabled the company to reduce its payment cycle by 75%, condensing a week-long process into a single day.

Rio Marine

John Buchman

Controller