Berger Transfer has used LSI for over 7 years and is very pleased with our results. Within 2 years, our % of AR $ > 60 days dropped by more than one third, and today is well under half of the beginning %.
Our improved collections has greatly increased our cash flow and reduced bad debt expense. Today, LSI is an integrated part of Berger’s team, collecting AR daily and holding biweekly meetings with our Branch offices to review collection statuses. In addition, the ARIS system is great, as it is easy to use, has all the AR details we need, and provides key analytics on customer payment trends.
Tom Boehme, CFO