“Billtrust taught us how to receive our money quicker, save money and create invoices that are so much easier to read.”
Conquer accounts receivable problems faced by distributors
Distributors
Distribution is a complicated business. Navigating inventory, orders and logistics are core disciplines – but accounts receivable plays a critical part. Inventory management is reliant on cash flow and AR practices can help or hinder your business’ ability to access and apply capital.
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Unraveling the tangled AR process
- Manual task and inefficiencies: From order processing to invoicing, distributors struggle with manual data entry, paper-based processes and excessive reliance on phone communications.
- Cash flow gaps: The ability to capitalize on opportunities and meet customer demands hinges on working capital. Delayed payments can limit a distributor's buying power and hinder growth.
- Credit management uncertainty: It’s a struggle to strike a balance between offering favorable credit terms to customers and minimizing financial exposure.
- Customer dissatisfaction: Late or inaccurate invoicing strains customer relationships and leads to delayed payments.
Distributors are streamlining their AR processes with expert automation from Billtrust.
Learn more about our experience with:
Billtrust has partnered with over 440 B2B distributors with over $748B in revenue including companies specializing in:
Customer voices
Distributors are leveraging Billtrust’s AR automation
Worldpac
Auto-part distributor drives down DSO with customer invoicing and payments flexibility
Read the Worldpac case study