Additional Services: Credit Tools
Hundreds of Projects. One Spreadsheet. A Better Way Forward.
One of the nation's largest steel and metal manufacturers was running hundreds of active construction projects through a single spreadsheet. The credit team had the people and the work ethic. What they didn't have was a process that could keep up. Deadlines were getting missed, claim rights were lapsing, and overtime was burning out a team already stretched thin across collections, disputes, order releases, and lien waivers.
The team wasn't failing. Their lien tracking process was asking too much of them.
The Challenge & Solution At-a-Glance
23%
improvement in DSO
27
overtime hours reduced per week
$51,000
in annual savings
Industry
National Steel and Metal Manufacturer
Challenge
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Deadlines were getting missed and claim rights were lapsing
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Overtime was burning out a team already stretched across collections, disputes, order releases, and lien waivers
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The team wasn't failing - their lien tracking process was asking too much of them
Solution
NCS spent time with the credit team mapping their workflow in detail before recommending anything. Three connected components made up the result:
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LienTracker® Online replaced the spreadsheet and centralized deadline tracking
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NCS Express Bond Claim Services right-sized support project by project
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A dual API integration connected the client's ERP system directly to LienTracker® Online