Case Study: Geofabrics achieves faster cash flow with Symphony3 accounts receivable automation

Geofabrics saves hundreds of hours and automates 756 monthly transactions with Symphony3

Geofabrics, a large Australasian manufacturer and distributor of geosynthetics, faced a challenge in manually collecting a high volume of small unpaid invoices from a long tail of debtors. They engaged vendor Symphony3 to automate their accounts receivable collections process with a scalable solution, as the manual effort was no longer feasible.

Symphony3 built a cloud-based accounts receivable automation solution that integrates with Geofabrics' IFS finance system. It automatically sends payment reminder emails with dynamic statements and pre-filled payment links. The results for Geofabrics include processing 756 transactions monthly, saving hundreds of hours, and significantly improving cash flow by collecting payments faster. Symphony3's solution provided complete visibility and a scalable way to recover previously inaccessible debt.

Geofabrics