Wholesaler: In-Depth Look

A wholesaler struggled with a large volume of aging accounts, with between 4-500 customers past due at any given time. Here’s how we helped them reduce outstanding balances by 78% on over-30-days past-due accounts, reduce balances over 30-days to only 0.05% of total aging within one year, and shorten the DSO gap.

Complete the form below to access this in-depth step-by-step look into how Axim was able to work with the wholesaler to address past-due accounts and reduce overdue A/R balances.

We contracted with Axim, Inc. in 2012 to manage the credit and collection function for our company. Their service has allowed us to grow while keeping our past dues and bad debt below industry norms. In one specific case, we had an opportunity to do very large business with an up and coming retailer that due to their newness were not being approved by the factoring community or other manufacturers in our industry. Axim understood our appetite for sales growth and after undertaking a very thorough vetting process, were able to recommend a large credit line where most others had refused. To this day, they are still one of our largest customers. Suffice to say we are most pleased with Axim’s performance.

-Ron Perlman, Liverpool Jeans

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