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Enhancing Financial Operations

with AR Management and Automated Solutions

TCD leverages AR Expertise and advanced accounts receivable (AR) automation, including bots and AI, to revolutionize cash flow maximization for businesses. Integrating seamlessly with ERP systems and customer payment portals, TCD’s solutions offer rapid, precise payment tracking and reconciliation. This approach not only enhances financial forecasting through real data but also marks a significant shift from unreliable predictive models. We’ll delve into how TCD’s expertise and technology have transformed the financial operations of six example companies, leading to marked improvements in efficiency, bottom-line performance, growth, and accurate cash flow predictions.

The AR platform with real-time data, portal integrations and critical BI.

Manufacturer reduces chaos through enhanced process control

The Challenge

A $100 million manufacturer faced receivable chaos, compounded by high dispute levels and staff turnover, negatively impacting billing and customer relations.

The solution

TCD’s integration of automated AR solutions, including bespoke RPA bots and AI, optimized payment tracking and dispute resolution.

The results

Manufacturer reduces chaos through enhanced process control

Restaurant Service Provider Overhauls Collection Processes

The Challenge

With over 30,000 customers, the AR department struggled with high turnover and outdated systems, leading to increased past dues and high bad debt levels.

The solution

TCD’s comprehensive AR automation streamlined collections and account management to aggressively control past dues and focus collectors on problem accounts.

The results

Restaurant Service Provider Overhauls Collection Processes

Medical Service Provider Undergoes Strategic Turnaround

The Challenge

$400+ million business faced delinquency issues, with over 25% of receivables past due caused, in part, to a decentralized collection effort with no standard process or collection tool.

The solution

Implementation of TCD’s AR automation, enhancing payment tracking reducing disputes, collecting past due charges, and setting up payment plans.

The results

Medical Service Provider Undergoes Strategic Turnaround​

Financial Services Company Improves Compliance and Efficiency

The Challenge

A $200 million decentralized company needed to address billing issues and collection challenges with non-PO receivables in a regulated environment.

The solution

TCD’s tailored AR solutions brought precision in payment tracking, collection processing, cash application, and risk mitigation.

The results

Financial Services Company Improves Compliance and Efficiency

Manufacturer Leaps Ahead with AR Management

The Challenge

A fast-growing $400 million manufacturer struggled with high DSOs and lackluster performance from their internal credit department.

The solution

TCD’s AR automation provided significant improvements in past due performance and dispute resolution.

The results

Manufacturer Leaps Ahead with AR Management

Manufacturer Innovates with AR Technology

The Challenge

Manufacturing firm with ineffective AR management, 33% of receivables past due and 10% of the past due disputed.

The solution

Implementation of TCD’s cutting-edge AR solutions, including AI and bot sweeps of customer portals to alert departments around the company of disputes and missing billings.

The results

Innovation through AR Technology

A New Era in AR Management

TCD’s combination of unsurpassed knowledge of the process of managing trade receivables portfolios, along with vast industry expertise and advanced AR automation has ushered in a new era of financial operation management, demonstrating significant benefits in efficiency, cash flow enhancement, and cost reduction throughout the organization. This transformation underscores the power of digital innovation in optimizing AR processes, offering businesses a robust strategy for sustainable growth in cash flow to match revenue growth in a rapidly evolving digital landscape.

SMART Retail Connect receivables portal for manufacturers

Improve your receivables within days

1.800.451.0164 (US-Canada)
1.651.451.0164 (International)

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