In 2015, adidas concluded that to increase working capital and cash flow, it had to move away from disconnected A/R functions and adopt an Integrated Receivables approach. Thus, began their A/R transformation journey.
In this webcast, the adidas Group talks about how beginning with the end in mind helped them:
Increase A/R team’s efficiency and productivity by 40%
Onboard new customers 95% faster
Achieve 25% increase in adoption of electronic payments
Aggregate claim documents 92% faster from emails, EDIs and web portals
Speaker: Tracie Duncan, Director, AR, Credit and Collections