Case Study
How Frank M. Booth gets back vendor lien releases in 1-2 days & gets paid faster
MECHANICAL
MARYSVILLE, CA
150 MONTHLY RELEASES
Frank M. Booth is a prominent Top ENR 600 mechanical contractor based in Marysville, California. Since 1912, Frank M. Booth has offered services covering the entire mechanical spectrum of work including Engineering, Design, Fabrication, Plumbing, Piping, and Air Distribution and has served the Northern California commercial and industrial markets.
Yesenia Cervantes has been working in Accounts Receivable at Frank M. Booth for several years. One of her main responsibilities is collecting lower tier lien releases from vendors, which is often the top hurdle to getting payment from her customers.
Life before Dill
Before using Dill, the process at Frank M. Booth around lower tiers was largely managed in Excel spreadsheets and Adobe PDF Editor. Yesenia previously created releases in Adobe, emailed them over to the vendor, and manually tracked them in different Excel spreadsheets. Given she is requesting 150 releases each month, it got to be a lot. On top of that, her vendors took some time to get back, and she had to manually follow up each time.
When Frank M. Booth came across Dill, there was an interest in streamlining what was a manual yet important process for cash flow, and getting some valuable time back.
“It’s as if my lower tier lien releases are on auto-pilot. I request my releases through Dill, and I now get them returned a lot quicker”
Yesenia Cervantes
Accounts Receivable, Frank M. Booth
After using Dill
Today, Yesenia uses Dill to request, track, and automate lower tier releases across all of Frank M. Booth’s vendors. Since using Dill, she has gotten lien releases back from her vendors faster, cutting it from 1-2 weeks to 1-2 days. Yesenia has been able to turnaround these releases to the GC and get released for payment faster, reducing DSO and accelerating cash flow – a huge win for Frank M. Booth.
Dill has gotten Yesenia out of Excel and Adobe and eliminated manual tracking and vendor follow ups. With Dill, Yesenia has cut down manual work across “basically the whole process.” From creating to tracking to following up on releases, she has cut down the time for each release from 3-5 days to 1-2 days. Dill has given her valuable time back to spend on collections and billing and has empowered her to keep the lower tier lien release process more organized and centralized in one place.
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