Case Study: Gulf Coast Panama Jack saves 20 hours a week and cuts DSO by 67% with Versapay AR automation

Gulf Coast Panama Jack saves 20 hours a week and cuts DSO 67% with Versapay

Gulf Coast Panama Jack, a wholesale distributor, faced significant challenges with manual accounts receivable processes, which slowed cash flow and created inefficiencies. Seeking to digitize, they partnered with vendor Versapay to implement its accounts receivable automation solution integrated with their Microsoft Business Central ERP.

Versapay's solution streamlined invoicing, automated payment processing, and provided a dedicated customer service team. The results were substantial, including saving 20 hours per week, reducing days sales outstanding by 67% (from 30 to 10 days), and completely eliminating check payments. Versapay also enabled 70% of their customer base to adopt online payments, significantly improving efficiency and customer experience.

Gulf Coast Panama Jack