Case Study
Leading Corrosion Engineering Firm
Among the world's largest corrosion engineering, cathodic protection, and corrosion monitoring businesses. Client since 2022.
Before
87
Avg Days to Pay
After
59
Avg Days to Pay
$4.45M
Aged AR Cleared
77%
Aged AR Reduction
The Situation
A roughly $500M corrosion engineering firm came to CashLine in 2022 without a structured credit function, aged receivables were climbing, and there was no consistent process for evaluating new customer risk before extending terms.
What CashLine Did
- Established a full credit function with 24 hour turnaround on new account reviews
- Built a structured collections cadence tied to account risk tier
- Implemented dispute tracking to keep resolution from stalling payment indefinitely
The Result
Average days to pay dropped from 87 to 59, a 28 day improvement. The client cleared $4.45M in aged accounts receivable, a 77% reduction, and has had no significant bankruptcies or bad debt since onboarding in 2022.
See What This Could Look Like for You
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