How Straive Streamlined Clearing & Collections for a Leading Global Publisher
Challenges
A leading global publisher operating across multiple geographies and currencies managed high volumes of customer payments across regions and billing cycles. Accurate payment recording, timely customer clearing, and consistent reporting were required to support clearing and collections operations at scale.
Solutions
Straive delivered a structured Clearing & Collections model combining dedicated expertise and standardized execution:
- Dedicated team of 12 Accounts Receivable Analysts + 1 Supervisor
- Daily payment posting, customer clearing, and reconciliations
- Weekly AR aging, collection forecasts, SOAs, and overdue review calls
- Exception handling for rebates and credit notes
- Annual balance confirmations (CoB) and customer credit risk reporting
- Execution within client financial systems, including S/4HANA
Impact
- 13 dedicated finance professionals supporting Clearing & Collections
- ~140,000 invoices managed annually
- ≤ 2 days for customer clearing and account reconciliations
- Daily | Weekly | Annual reporting cadence enabling operational visibility
- Audit-ready customer account data and balance confirmations
About Us
At Straive, we operationalize data analytics and AI for global enterprises. We leverage our unique people-process-tech framework to build the best-of-breed data analytics & AI solutions. By operationalizing this solution into your core workflow, we deliver real-world measurable impact and better ROIs through a combination of higher efficiency, elevated experiences, and enhanced revenues.
For more information about our services and how we can help you operationalize data analytics and AI, please visit our website: www.straive.com contact us at contact@straive.com.
