January 23, 2021
This weeks Client Spotlight star is Keith Miller- the Accounting Manager over at Metro Global Ventures. Keith oversees 3 separate companies, each or all of which utilize accounts receivable automation services with Armatic. The East Coast based companies offer primarily background screening, immigration services, IP translation, and patent services; all of which maintaining their own individual client basis and accounting systems. With upwards of 50 employees and multiple departments to oversee, time and efficiency is everything!
Keith explained to us that overseeing the manual accounts receivable systems the company had in place when he came on board was nothing short of a nightmare. With millions of dollars in invoices needing to addressed (each with an average amount between $500-$1000), you can imagine the vast amount of manual labor necessary to keep the accounting systems afloat. As a larger company, with expansion comes the incessant need for improved efficiency and functionality; and so with that- Metro Global Ventures began their search for an automated solution.
Like many other startup enthusiasts, Keith and his team aimed to find a way to not only solve their current predicament, but to support other startups in the process. "What drew me to Armatic was the people", Keith tells us. But it was the product features and capabilities combined with customization tools, and an up-close and personal feel that really made a lasting impression. Keith wanted a software platform that could grow and evolve at the rate his company was, and he believes that with Armatic, he found just that. Automating their Accounts Receivable processes has dramatically reduced the time spent dealing with invoices and payment issues, and freed up much-needed time in Keith and his employees busy schedules.
We were more than ecstatic to hear about Keith's incredibly positive review of his experience. He tells us that he admires the "teams efficiency (in dealing with) issues, the customization options and the ability tweak things, the customer service- and how Armatic seems to represent (the Metro Global Ventures) brand in the best way possible." -and their customers agree too! Validation and invoice processing for their company has gone from a 4-5 day average, to just mere minutes! not to mention the payment options for clients have never been more convenient. Metro Global Ventures also informed us that their DSO (Days Sales Outstanding) has decreased by more than 60%, and the clients find the reliability of automated invoicing especially attractive.
"Anyone can write software and execute it, but (the Armatic) team does a great job of making sure things run smoothly- they are constantly in contact, making sure everything is going well. It's really the people that make the difference."
Keith Miller Accounting Manager http://www.metrogv.com/
Armatic's Accounts Receivable automation capabilities is only a piece of the a larger Quote-to-Cash and revenue lifecycle management solution. Armatic provides automation, best practices, and insights from proposal to payment, and much more- all to help free time in busy schedules, and improve a wide variety of areas within our clients companies. Armatic truly is a company that works for you. Interested in having an experience like Keith? Armatic offers a risk-free trial and personalized care to help you find a solution that fits your individual needs.
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Alyssa is handling content development and content planning for Armatic and works closely with our product and development team.