With a large network of dealers and wholesalers that purchase thousands of items a month, Arctic Cat needed a comprehensive approach to consolidating the invoices and credit memos into periodic statements
Labor intensive handling of paper checks and delayed cash flow with international checks
Dealers lack real-time visibility to current account status with no means to access Arctic Cat’s enterprise SAP system
Difficult to manage late-fees and early pay discounts without automated processing of payments
TheSolution
Improved DSO (days sales outstanding) and cash flow metrics by moving from paper checks to ACH payments with multi-currency handling of bank transfers across US and Canada
Dealers could use the BluSynergy self-service portal (embedded into the Arctic Cat dealer website), to view real-time account information and pay via ACH
Seamless integration with SAP for synchronize all payment terms, late fees, invoices and payments
