How Bring IT Standardized AR Processes to Achieve Greater Efficiency and Improved DSO with Auditoria® SmartCollections

Bring IT is a 360-business technology consulting firm that helps customers integrate, customize and deploy the right technology that allows them to run an end-to-end modern value chain. As a fast-growing organization, the AR department felt the growing pains of a small accounting team.

Bring IT needed a technology solution that could standardize processes, prioritize dunning outreach, follow up with inquiries and requests for documentation, and help reduce the number of outstanding invoices.

The manual accounts receivables collections team spent hours on manual, tedious, and repetitive tasks that tied up valuable resources and generated errors and exceptions. With a lack of time and resources, the AR team could only follow up with customers after invoices were past due.

Auditoria SmartCollections enabled the Bring IT accounts receivable and collections teams to streamline the collections processes and improve business metrics such as DSO and bad debt write-offs. With Auditoria’s SmartInsights, the AR could track and manage a range of AR metrics, gaining visibility into their collection’s effectiveness and the overall health of their cash performance.

Learn How Bring IT:

• Automated classification and prioritization of receivables accounts, delivering automated bidirectional dunning based on state-of-the-art ML/NLU technologies
• Reduced the number of 10+ days past due invoices by more than 25% month over month
• Increased efficiency and reduced errors by half, scaling the technology as volumes of transactions increased without the need to add headcount
• Gathered relevant data and metrics, reported in a centralized, dynamic dashboard that provided insights and focus for increased visibility and better decision making

Mark Brousseau
President, Brousseau & Associates 

Over the past 26 years, Mark Brousseau has established himself as a thought leader on accounts payable, accounts receivable, payments and document automation.   A popular speaker at industry conferences and on webinars and podcasts, Brousseau advises prominent end-users and solutions and services providers on how to use automation to improve document- and payments-driven business processes.  Brousseau has chaired numerous educational conferences and has served on several industry committees and boards.  He resides in Center City Philadelphia with his wife and three sons.

Ivana Aguilar
Finance and Accounting Analyst, Bring IT

Ivana is dedicated to establishing good relationships with the customers by providing excellent service through efficient communication and follow-up.  She focuses on guaranteeing the money owed by the clients for the services provided is paid to the company in a timely manner with objective of improving the company's cash flow by preventing non-payment or late payment.

Raul Nava
Revenue Controller, Bring IT

Raul Nava, Controller at Bring IT. Raul is dedicated to help the company achieve its growth plan with a healthy profit margin by working alongside the executive team in defining plans, budgets, and KPIs. With more than 10 years in finance for IT companies, Raul helps develop action plans with a clear common goal shared across the organization, and continuous performance reviews to measure metrics and achieve results.