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Rema 1000 experiences challenges with delayed payments, manual invoice processing resulting in errors and inefficiencies, and a lack of real-time visibility into their accounts receivable status. These issues negatively impact cash flow and require significant administrative effort.
A large grocery retailer in Norway with a significant volume of customer transactions and a need for efficient credit management and invoice processing.
Implementation of this system is expected to result in a significant reduction in DSO, decreased operational costs associated with manual processes, improved cash flow forecasting, and enhanced customer satisfaction. The automation will free up staff to focus on more strategic tasks.