Jumio improves DSO by 29% after using YayPay
Find out how Jumio is able to signficantly reduce its DSO as well as eliminate all the manual work required to manage collections.
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Jumio is a high-growth technology company that is transforming the identity verification space through a unique combination of machine learning and expert services. They were faced with a challenge of having a lean finance and accounting team who managed a growing portfolio of accounts receivables. They also suffered through a very time-intensive collections process.
With the YayPay integration, they were able to:
- automate their collections outreach process
- eliminate the manual work required to manage collections
- improve collections speed
- reduce their DSO by 24 days after automating their AR process
- help the team save time and internal resources
“If you are a NetSuite user, absolutely go for YayPay,” added Mariano. “You’ll see the best results if your accounting and sales team embraces the platform together.” - Rachel Mariano, Jumio AR Team
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