You turn to Accordion.
We partner with your team to address the near-term issue backlog, support prioritized value creation activities, and secure measurable results through process, policy, and technology-enabled change. Specifically, we:
- Review and diagnose the current state operating process and immediately assist in the daily remediation of existing large account backlog items, including order management, deductions, chargebacks, and payment processing.
- Evaluate the use of existing technology (NetSuite) to accelerate cash conversion and develop business requirements and use cases to enable application configuration and applet development.
- Partner with your team to configure, design, and build NetSuite-supported applications to ingest and automate high-volume daily customer information.
- Identify upstream order and supply chain issues contributing to downstream receivable issues.
- Develop repeatable financial reporting and forecasting approach to support brand-specific strategy and performance review.
Your value is enhanced.
You achieve both near-term wins and longer-term process improvements, including:
- A reduction in past due balances by over $6M.
- Clearing your $2M backlog and accelerating your cash application posting from over two weeks to one day.
- Preparing an invoicing approach for over 100 boutique clients to accelerate payment and reduce the aging profile.
- Develop, test, and integrate an application to ingest and manage over 500 weekly line-item deductions
- Provide user acceptance training and documentation.