Versapay ROI case study: North Atlantic International Logistics

June 17, 2024 - ROI Case Studies Y83

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North Atlantic International Logistics Group achieved a 90 percent ROI after deploying Versapay to automate invoicing procedures and view up-to-date accounts receivable (AR) information in a single location. With this system, the organization improved transparency in the invoice process, allowed customers to prepay for services, and provided customers with a portal to share payment information. Specifically, the organization reduced time spent on AR reporting by 15 hours per month and time spent on resending invoices by five hours per month. This allowed the organization to avoid hiring an additional employee to keep up with growing demand, reducing headcount by $62,100 annually.

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North Atlantic International Logistics Group achieved a 90 percent ROI by implementing Versapay with a payback period of 1.1 years. Read the full Versapay ROI case study.