Case Study: BrightAnalytics achieves a significant reduction in DSO with Payt

BrightAnalytics cuts DSO and reduces >90 days outstanding with Payt

BrightAnalytics, a growing fintech company, was facing challenges with inconsistent follow-up on overdue payments and inefficient handling of outstanding receivables. This unstructured process led to delays and caused their Days Sales Outstanding (DSO) to be higher than desired. To address this, they turned to the accounts receivable management software from Payt.

By implementing Payt, BrightAnalytics streamlined its invoice follow-up process, ensuring consistent and systematic customer reminders. The solution integrated seamlessly with their accounting software for automatic reconciliation. As a result, Payt helped BrightAnalytics achieve a significant decrease in their DSO, a reduction in receivables outstanding for over 90 days, and eliminated new collection cases, leading to faster payments and saved administrative time.

BrightAnalytics