CASE STUDY

Transformed Systems Using Analytics to Reduce Overdue AR by 30% for PE-Owned Auto Parts Distributor

Challenge

A private equity-owned auto parts distributor had inefficient internal finance processes, causing excessive cycle times that resulted in poor customer experience and overdue accounts receivable.

The company needed to transform their AR functions to optimize the collections strategy and improve the customer experience.

Approach

  • Assessed current state credit and collections processes and identified areas for analytical enhancement
  • Leveraged advanced algorithms to predict risky customers and aligned collections strategy by segment
  • Analyzed technology solutions available and managed end-to-end implementation of cloud solutions
  • Optimized staffing model based on operational improvements and reduced process and billing errors
  • Deployed cloud-based billing/payment portal

Results

I.

Reduced outstanding AR by 30% in 5 months

II.

Implemented technology to reduce credit decisioning by 85%

III.

Reduced 70% of paper statements within 12 months

IV.

Identified 10% improvement in enhanced working capital and enhanced ability to expand credit capabilities

Results

I.

Reduced outstanding AR by 30% in 5 months

II.

Implemented technology to reduce credit decisioning by 85%

III.

Reduced 70% of paper statements within 12 months

IV.

Identified 10% improvement in enhanced working capital and enhanced ability to expand credit capabilities

Related Case Studies

Case Study

Improved Equipment Operations Through Analytics to Reduce Cost by 50% for Oil and Gas Production Company

An oil and gas production company needed help to proactively improve the transparency of its operating metrics by implementing predictive analytics dashboards for field operations.

Learn More

Case Study

Leveraged Analytics to Drive 16% Increase in Contribution Margin for Medicare/Medicaid Provider

A provider of dual Medicare/Medicaid eligibility services sought to optimize outreach and enrollment processes to profitably maximize revenue yield.

Learn More

Case Study

Redesigned Tech Stack, Data, and Processes to Drive 20% EBITDA Growth for PE-Owned Distribution Services Company

A private equity-owned distribution services company wanted to strengthen operations and data governance to support additional growth.

Learn More

Engage with SSA & Co.

We partner differently. Shoulder to shoulder, we solve today’s toughest business problems with you.

Contact Us

Stay up-to-date with our latest news

This field is for validation purposes and should be left unchanged.
Name(Required)