AR Automation that works as hard as you do.
Award-winning Lockstep connects the world’s finance teams so they can work better together. Lockstep eliminates cash traps and leaks created from manual synchronization of books between B2B trading partners. Lockstep’s award-winning automation software is used by high performance companies large and small.
Lockstep automates accounting workflows to improve your operational efficiency and cash flow. Our accounts receivable automation platform accelerates payments with automated customer communications, enhanced collections activity management, and innovative forecasting and reporting. Accounts receivable automation elevates your payments strategy and reduces DSO by 30%. It leverages powerful features and emerging technologies that increases cash flow, freeing finance teams to focus on more value-added, strategic initiatives while delivering an average 20X ROI.
Benefits
Increased Working Capital
Collecting cash faster means reducing your DSO and increasing your bank balance.
Collecting cash faster means reducing your DSO and increasing your bank balance.
Increased Cash from Operations
The increased working capital allows for cash to be generated by reducing interest paid or increasing interest earned.
The increased working capital allows for cash to be generated by reducing interest paid or increasing interest earned.
Freed Staff Time
Automated reminders, end-of-month statements, payments and cash application allows accounting teams to focus on issues such as disputes and other issues holding up payments.
Automated reminders, end-of-month statements, payments and cash application allows accounting teams to focus on issues such as disputes and other issues holding up payments.
Increased Shareholder Value
The savings from eliminating paper and automating tedious tasks drops straight to the bottom line.
The savings from eliminating paper and automating tedious tasks drops straight to the bottom line.
Average 20X ROI
The increase in working capital and savings from efficiencies delivers 20X more than the cost of the solution.
The increase in working capital and savings from efficiencies delivers 20X more than the cost of the solution.
Details
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