Marc Saraben, Credit Manager for Gerflor Group: ‘Gerflor is a company that makes €850 M in annual revenues and has more than 500 employees, 25 subsidiaries throughout the world, 15 production and logistical units, and a lot of international business.
Gerflor is focused on designing, innovating, manufacturing, and selling PVC flooring.
We have been working with tools from DIMO Software for a while now.
One of the first parts we adopted was the major payer module, which allowed us to optimise work hours for employees in the collections department and dedicate their time to more interesting tasks instead of reconciling payments and invoices.
The very same day we implemented the program, we received thousands of items to reconcile. CashOnTime Allocation allowed us to reconcile all of those items in record time compared to what we were doing before.
One of the advantages of the major payer module is that we can provisionally process a payment while we wait for the banks to get it to us.
When the money gets to our bank accounts, a large portion of the items are automatically reconciled and we just have to go back over a tiny portion. With certain payments, we can have 100% automatic reconciliation.
This pre-recording aspect saves us time and improves our performance.
The major payer module is a real plus, it’s the cherry on the cake.
It helps us on a daily basis. It improves our productivity and helps us execute and reconcile faster. This allows the software users to spend a lot more time sending reminders to customers and taking care of things that add more value to the business.
It is always a good idea to move your teams forward and give them a bit of technology.
That’s really what drew us to this software. The major payer module has become indispensable for us now.’