Accounts receivable is one of the largest business assets and the most accessible sources of working capital. Yet most businesses fail to manage receivables effectively—resulting in back office inefficiencies, higher Days Sales Outstanding (DSO), and slower cash flow. In fact, every $1 million in sales may potentially cost a business $40,000 annually in interest. Diminish the risk of bad debt write offs with a more strategic credit and collection approach.

Epicor Cash Collect scales up your AR collections capacity, with most companies realizing a 20% reduction in past due receivables, meaning they are paid an average of 9-12 days faster.

 

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About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of Industry.


Founded in 1992, Metal-Tech Partners (MTP) has rapidly grown from a supplier of telecommunications products to a multi-million-dollar business providing custom manufactured and fabricated parts and services to the international telecom industry. This includes meeting exacting specifications for thousands of products ranging from racks, bays, and cabinets to pipe stands and support grids.

Success Highlights

Challenges

  • Lead the industry with high-quality products provided at the lowest possible costs and with the fastest turnaround times

Solution

  • Epicor® ERP Cloud

Benefits

  • Operate more efficiently by accessing production information on a daily or even hourly basis
  • Can track and review the time spent by every employee on projects
  • Eliminated paper trails so workers can focus on production
  • Better inventory control and prediction of shortages before supplies are depleted

 

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About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of Industry.


Perlick has been innovating in the refrigeration and bar dispensing industry for more than 100 years. Starting as a family-owned business, the company has held strong with its reputation for being best-in-class while also staying close to their family-owned roots. As Perlick continued to grow, they recognized they needed to implement Epicor ERP in the beginning of 2018. However, Perlick’s accounts receivable (AR) department still needed more help and automation to manage their expanding cash flow of 1,300 active accounts.

Success Highlights

Challenges

  • Lacked centralized customer account information which caused bottlenecks in the collection process

Solution

  • Epicor® ERP
  • Epicor Cash Collect

Benefits

  • Automated workflows and collector transparency
  • Decreased DSO to 37 days
  • Increased current AR percentage to 95.7%
  • Saved 54 work hours per month with automation

 

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About Encompass Solutions

Encompass Solutions is a business and software consulting firm that specializes in ERP systems, EDI, and Managed Services support for Manufacturers and Distributors. Serving small and medium-sized businesses since 2001, Encompass modernizes operations and automates processes for hundreds of customers across the globe. Whether undertaking full-scale implementation, integration, and renovation of existing systems, Encompass provides a specialized approach to every client’s needs. By identifying customer requirements and addressing them with the right solutions, we ensure our clients are equipped to match the pace of Industry.