linkedIn email

https://www.ghx.com/resources/customer-stories/e-payments-surprises-with-big-savings-for-a-large-medical-device-manufacturer/

Supplier
e-Payment
Working Capital Optimization

GHX ePay Delivers Big Savings for Large Medical Device Manufacturer

December 1, 2020 10-minute read

linkedIn email

https://www.ghx.com/resources/customer-stories/e-payments-surprises-with-big-savings-for-a-large-medical-device-manufacturer/

Supplier
e-Payment
Working Capital Optimization

You can access this resource here

Download File
Image for GHX ePay Delivers Big Savings for Large Medical Device Manufacturer
Upon discovering that credit card fees from customer payments were one of the largest selling general and administrative (SG&A) costs, a large medical device manufacturer embarked on a program to address this area of significant margin erosion, implementing GHX ePay. The first year resulted in cost avoidance and hard dollar savings over $20M from reduced credit card fees and DSO stability.

How Can We Help You? Talk to One of Our Experts.

Contact Us

What's happening? Tap into the latest.

GHX and Industry News