Less Than Perfect Cash Flow?
One Adjustment. Big Results.

Here is one change that could improve cash flow by weeks if not months.

Organizations that bill back expenses to clients can have large amounts of out-of-pocket cash sitting in limbo waiting for reimbursement.

The reason why?

Because of the many moving parts required to properly report the billable expenses including spend capture, project assignment, management approvals, and data assembly.

Billing back project expenses is a science, not an art. It requires absolute accuracy and businesses invest in guaranteeing that precision.

Just how much is the investment?

Cardno reported an excess of 500 hours per month to generate billing statements for their clients.
Cardno is an international company listed on the Australian Securities Exchange providing professional infrastructure and environmental services serving Environmental, Defence, Energy and Resources, and Transportation markets –  just to name a few.

Missed expenses directly impact Cardno’s profitability and errors can result in billing disputes that add even more time onto the cycle between spend and reimbursement.

Cardno has since streamlined this mission-critical part of their company, saving over 500 hours each month.

What was the one change?

Automation.

Cardo eliminated all their manual steps in favor of fully automating the process to create billing statements for their clients with a combination of SaaS-based expense reporting and client bill back.

That 500 hours has been converted to pure profit.

Say hello to Cardno!