AJW Embraces Cash Allocation and Collections Management Automation with Esker

Derby, UK — July 24, 2024 — Esker, a global cloud platform and leader in AI-driven process automation solutions for Finance, Procurement and Customer Service functions, today announced that AJW Group, a world-leading independent aircraft component parts, repair and supply chain solutions provider, has automated its Cash Application and Collections Management processes with Esker.
Esker Cash Application and Collections Management allow the Accounts Receivable team to reduce manual collection pains thereby improving its operational efficiency. The AI learning capabilities of the Esker solutions gives the team visibility and further insight into customers’ payment performance, history and trends.
“So many businesses have inaccurate credit and collections processes which impact their sales revenue and customer relationships. AJW has proactively implemented Esker to apply customer payments and collections quickly and accurately.”
Alistair Nicholas, Managing Director, Esker Northern Europe
“Esker offers a comprehensive solution to automate every step of the cash allocation process, minimising manual touch points - from remittance capture to the reconciliation of matched invoices into our ERP. By streamlining our order-to-cash process, we now have on-the-hour access to customer payments at our fingertips without having to request information from our banking team.”
Louise Cresswell, Head of Finance Operations, AJW Group
About AJW
AJW Group is a world-leading independent component parts, repair and supply chain solutions provider, transforming efficiency in commercial, business and defence aviation, while supporting 1000 airlines across 100 countries. Utilising trusted and established vendor supply chain relationships to lead the industry by enabling cost savings and increasing efficiency for its global customers. www.ajw-group.com
About Esker
Esker is a global cloud platform built to unlock strategic value for Finance, Procurement and Customer Service professionals, and strengthen collaboration between companies by automating the cash conversion cycle. Esker’s solutions incorporate AI technologies to drive increased productivity, enhanced visibility, reduced fraud risk, and improved collaboration with customers, suppliers and internally. Founded in 1985, Esker operates in North America, Latin America, Europe and Asia Pacific with global headquarters in Lyon, France, and U.S. headquarters in Madison, Wisconsin. For more information on Esker and its solutions, visit https://www.esker.co.uk/. Follow Esker on LinkedIn, Twitter, or You Tube and join the conversation on the Esker blog at blog.esker.co.uk.