How Direct Supply Reduced Time Spent on Cash Application by 75%
- 1 min read
When Direct Supply—a healthcare service provider—saw demand for their personal protective equipment soar at the start of 2021, the increase in sales led to an increased workload for their Finance team.
Such demand meant that it often took half a day or longer just to post a single check. Direct Supply knew they needed help, but also understood that just adding more staff to the team was not the answer. That’s where Versapay’s AI-powered Cash Application solution came in.
Watch this webinar for a product demo, and to learn how Direct Supply:
- Achieved a 93% direct match rate on incoming payments
- Reduced time spent on cash application by 75%
- Gained 1.5 days through faster credit card payments