Case Study: Bishop Lifting improves DSO and automates AR with Stuut

Bishop Lifting - Customer Case Study

Bishop Lifting, a leading crane and rigging equipment provider, faced challenges in managing its high-volume accounts receivable process after rapid expansion. Handling up to 1,000 invoices daily across 45 branches, the company struggled with extended DSO and inconsistent customer experiences. They sought a unified solution from Stuut to standardize and automate their operations.

Stuut implemented its AI-powered accounts receivable platform, which went live in just six weeks. The solution automated 91% of outbound communications and significantly reduced response times to customer inquiries. Over seven months, Stuut helped Bishop Lifting achieve a 35% reduction in overdue receivables, a two-day improvement in DSO, and unlocked $3 million in working capital benefits while increasing team capacity by 50%.

Bishop Lifting