How peak design freed its finance team from manual AR

Peak Design previously processed accounts receivable manually, requiring staff to enter invoices, track payments, and reconcile statements. The company implemented an automated system that integrated invoicing, payment reminders, and reconciliation into a single platform. The new process reduced the time needed to close the accounts receivable cycle from several days to a few hours. Employees now generate reports automatically, and the system flags overdue payments. The automation eliminated manual data entry errors and allowed the finance team to focus on analysis and forecasting. Peak Design reports a measurable decrease in days sales outstanding and improved cash flow visibility and efficiency.

Source: How peak design freed its finance team from manual AR