Esker, a worldwide leader in AI-driven process automation solutions and pioneer in cloud computing, today announced that Slocum & Sons has chosen Esker to automate its collections management and account receivable processes. The fifth-largest wholesale distributor of fine wines and spirits in Connecticut, Slocum & Sons turned to Esker as a result of the company’s partnership with Inventiv, creator of the PocketAdvantage order-entry solution.
Due to state regulatory requirements in Connecticut, Slocum & Sons’ customers are required to pay for spirits and wine within 30 days. If customers exceed these state-regulated credit terms, they are required to go on cash on delivery (COD), making collections the responsibility of sales representatives or drivers.
By implementing Esker’s cloud-based Accounts Receivable solution, Slocum & Sons is equipped to streamline its collections process, making collection activities more efficient for the customer and sales team through automation.