Streamlining for success: How Carpet Court embraced digital transformation
Spenda
22 June - 5 min read
CASE STUDY
Seamless Payments
Automation of invoice and payment processes has resulted in faster payment processing times and higher quality, more consistent business data.
Enhanced Transparency
All invoice payments between member stores and head office are now processed through Spenda, providing real-time access to invoice and credit information. This allows both parties to easily monitor cash inflows and expenses, query invoices, and improve their cash flow management.
Optimised Efficiency
A reduction in laborious manual processes involved in accounts payable and accounts receivable has delivered a 40% improvement in team productivity.
The Spenda platform enables us to leverage best-in-class integration capabilities for efficient end-to-end payment processing, while offering members value-added solutions such as working capital management facilities to save costs and drive growth. By partnering with Spenda, we have been able to achieve improved payment and cash flow transparency across our network and significantly enhance team productivity.
Mark Hogan, Chief Financial Officer at Carpet Court
Operational leverage
Lack of visibility
Integration capability
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Furthermore, members will have access to Spenda’s extended payment facility to help drive growth and manage capital through their payment cycle.
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