Technology
BILLING & RECOVERY SOFTWARE
Background of
the study
Revenue Cycle Reinvention for EdTech Enterprises A mid-sized educational service provider was overwhelmed by manual invoicing, inconsistent collections, and high outstanding dues. They required a solution not just for billing automation, but also for accelerating recoveries and improving receivables forecasting.
Challenges
- DELAYED INVOICING & COLLECTIONS – Manual billing cycles led to revenue gaps.
- NO RECOVERY WORKFLOW – Lack of escalation matrix and
follow-up automation - LACK OF ESCALATION MATRIX AND FOLLOW-UP AUTOMATION – Fragmented view of customer payment
status and overdue balances.
Nexority’s Solution
- End-to-End Billing & Recovery Platform – Developed a unified platform with automated invoicing and custom recovery workflows.
- Smart Notification Engine – Triggered reminders, escalation alerts, and aging reports.
- Finance Dashboards – Provided real-time recoveryrate tracking, defaulter classification, and predictive collections.
Results & Impact
- 40% Faster Revenue Realization – Reduced average payment cycle.
- Full Recovery Visibility – Finance teams could monitor overdue trends and take proactive action.
- Enhanced Credibility – Reduced follow-ups and billing disputes with clients.