Komar, a global apparel manufacturer and distributor, faced challenges with delayed cash processing, increasing DSO, and inefficient deduction management, leading to blocked orders and bottom-line erosion. By adopting HighRadius’ Cash Application and Deductions Cloud solutions, Komar automated cash posting and deduction processes, improving efficiency and productivity. The AI-powered solution auto-aggregated remittance data, streamlined dispute resolution, and enabled real-time cash application, reducing manual work and increasing productivity by 87%. The solution also improved visibility into AR reporting, resulting in faster dispute resolution and significant cost savings.

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