Case Study: Spark Advisors reduces AP processing time with Rho

Spark Advisors cuts invoice approval time by 90% with Rho

Spark Advisors, a Medicare brokerage supporting a network of 6,000 agents, faced significant operational challenges due to its use of disparate legacy financial systems. This cumbersome setup made tasks like sending wires and paying invoices overly complex and time-consuming. Seeking a modern, integrated solution, the company turned to Rho for its business banking and financial management platform.

By implementing Rho's all-in-one platform, Spark Advisors streamlined its financial operations. The solution provided an intuitive interface for managing banking, corporate cards, and treasury. As a result, the company reduced its invoice approval process from one week to just 10 minutes, a 90% reduction, and saved the equivalent of one to two full-time employees on its finance team. Rho enabled Spark Advisors to achieve greater efficiency and improved financial oversight as they scaled.

Spark Advisors