By integrating Billtrust’s accounts receivable automation software with their ERP system, Cintas saves over $1 million annually and recognizes productivity gains equivalent to 14 people. Here’s how Cintas’ finance leaders explain the impact of their Billtrust solution and the partnership they receive. Learn how they eliminated PCI DSS compliance burdens and streamlined processes by fostering a collaborative relationship.
We were saving about $1 million every year in overall costs through the reduction of bank fees and improved processes. At the end of the day, when you can process 20 payments an hour versus 45 payments an hour, that efficiency gain translates all the way back down to head count.
Scott Hess, Director of Treasury, Cintas
Cinta’s efficiency gains were readily apparent in their credit card processing team, which had been steadily increasing over the years through both organic growth and acquisitions.
We had started with just two individuals. We were increasing all the way up to 16, and just implementing Billtrust allowed us to reduce from 16 people to just two. Plus, we have tripled our accounts receivable volume. Since then, we've not had to increase head count with this solution.
Kerry Banks, Cash Application Manager, Cintas
Billtrust’s Payments platform also helped Cintas simplify compliance.
We are pushing $60 million a month in credit card payments through the Billtrust platform, and none of that PCI compliance touches my system -- and that is a great day.
Scott Hess, Director of Treasury, Cintas
The team also enjoys a strong partnership with Billtrust.
I want to highlight that. It's really important to note the partnership that we have with Billtrust. It's not a one-sided relationship. In our monthly meetings with the Billtrust team, it's never us bringing problems or bringing issues. It's Billtrust asking ‘what can we help you with? What are your troubles? What are your pain points? What can we do about them?’ The collaboration from both sides has been tremendous.
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