Case Study: Patersons achieves 70% faster month-end invoicing with Professional Advantage's SunSystems Contract & Service Billing

Patersons cuts month-end invoicing time by 70% with Professional Advantage

Patersons, one of Australia's largest full-service stockbroking and financial services firms, faced challenges with the timeliness and efficiency of its manual, spreadsheet-heavy invoicing process. Seeking a more sustainable and automated approach, they engaged Professional Advantage to implement a solution using the Infor SunSystems Contract and Service Billing (CSB) module to gain consistency and control.

Professional Advantage implemented SunSystems CSB, which automated invoice generation and integrated seamlessly with the general ledger. This solution reduced the month-end invoicing process by 70%, from 10 days down to 3 days, freeing up staff for analytical work. The vendor's solution provided Patersons with real-time visibility into their financial position and ensured consistency in invoicing across the entire organization.

Patersons