How Vernovis Increased Cash Flow by 83% in 6 Months!

How Vernovis Increased Cash Flow by 83% in 6 Months!

Case Studies

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Vernovis is a boutique consulting firm, serving small and mid-sized businesses in various industries. Their “phased” approach provides financial and milestone flexibility. Vernovis uses a resource-based solutions model to deliver Subject Matter Experts who fill capacity and knowledge gaps and get their clients’ critical projects completed on time. Vernovis came to Gaviti with an excessively manual Accounts/R process, slow cash flow for a small business, and a high DSO. With Gaviti, they were able to decrease their DSO by 25% in 6 months and increase cash flow by 83% (from 6% of sales to under 1%!)
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https://gaviti.com/case-studies/how-vernovis-increased-cash-flow-by-83-in-6-months/
GavitiGaviti's automated accounts receivable collections solution accelerates cash flow by personalizing and optimizing the collections process for each client based on payment history and behavior - ensuring that the right client gets the right message at the right time. The solution eliminates manual collections tasks and significantly improves the customer experience, resulting in an average of 30% faster cash flow and an improved DSO within just a few months. 

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