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- How A Leading Logistics Company Used KredX Collections To Reduce Their DSO
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The Challenge
The company employed a dedicated collections team, but the follow-ups were inconsistent because of the huge customer base. Due to selective access to the accounting software, the teams were dependent on stale and fluctuating excel sheets floating around the groups.
Long Working Capital Cycle/High DSO
The company is in its expansion phase and growing at a reasonable pace, but higher DSO increased its working capital cycle significantly, creating a roadblock in the expansion plan