# Manage Complex Payment Terms at Scale

Manufacturing AR means dealing with Net 60/90 terms, progress billing, retainage, trade credit, and multi-currency invoicing across global supply chains. Tesorio handles it all.

4.7/5 on G2 (237 reviews)

## The Challenge

### Sound familiar?

#### Long payment terms lock up working capital

Net 60, Net 90, and longer payment terms are standard in manufacturing. That means millions in working capital tied up in receivables for months at a time.

#### Complex invoice structures and deductions

Progress billing, retainage, volume rebates, and trade credit create invoices with complex structures. Deductions and short payments are the norm, not the exception.

#### Multi-currency and multi-entity complexity

Global manufacturing operations mean invoicing across currencies, entities, and tax jurisdictions. Reconciliation is a nightmare without automation.

## How Tesorio Helps

### A solution for every challenge

Challenge  
Long payment terms

**Tesorio Collections Agent**  
AI-optimized collections accelerate payment timing within your terms. Smart reminders and early-pay incentives bring cash in faster without renegotiating contracts.

Challenge  
Complex invoices and deductions

**Tesorio Cash Application**  
Cash application AI handles progress billing, retainage, deductions, and partial payments. Complex multi-line remittances are matched automatically.

Challenge  
Multi-currency reconciliation

**Tesorio Cash Application**  
Multi-entity, multi-currency support with automatic FX handling. Reconciliation across entities happens in minutes, not days.

## The Process

### How it works in practice

1. **Map billing complexity**  
Tesorio ingests your progress billing schedules, retainage terms, deduction categories, and multi-currency rules from your ERP.

2. **AI handles matching**  
Cash application AI matches complex payments — partial payments, deductions, multi-currency remittances — at 90%+ accuracy across entities.

3. **Working capital frees up**  
Optimized collections within your payment terms and automated cash application accelerate cash conversion and reduce close time.

## Results

### The numbers speak for themselves

- **30% DSO Reduction**  
- **90%+ Auto-Match Rate**  
- **33 days Avg DSO Reduction**

## The Transformation

### Before vs. after Tesorio

| Before Tesorio                                     | With Tesorio                                           |
|---------------------------------------------------|-------------------------------------------------------|
| Net 60/90 terms with no acceleration strategy      | AI optimizes collections within payment terms         |
| Manual matching of complex progress billing invoices | Progress billing and retainage auto-matched           |
| Deductions and short payments investigated one by one | Deductions categorized and routed automatically        |
| Multi-currency payment matching takes days per close | Multi-currency cash application in minutes            |
| Working capital planning is guesswork               | Predictive AR forecasting with 95% accuracy          |

> “Manufacturing AR is incredibly complex — progress billing, retainage, deductions. Tesorio handles it all automatically and cut our cash application time dramatically.”  
> Controller, GitLab

## Industry Recognition

### Rated #1 by enterprise AR teams, quarter after quarter

G2 Leader—in AR and Credit & Collections  
·#1 ranked—Most Implementable, Enterprise AR  
·Proven—a G2 Leader in AR for 5+ years  
·Rated—4.7/5 across 237 reviews

## What Customers Say

> “Tesorio's ability to give us real-time visibility into our cash position completely changed how we manage the business. We went from reacting to cash surprises to proactively managing our working capital.”  
> Greg Henry, CFO, Couchbase

## FAQ

### Common questions about manufacturing

- Can Tesorio handle progress billing and retainage?
- How does Tesorio handle trade credit and deductions?
- Does it support multi-currency operations?
- How does this help with supply chain finance?
- What ERPs do manufacturing companies typically use with Tesorio?
- How much does Tesorio cost for manufacturers?
- How long until we see improvements in cash application?

## Ready to transform your manufacturing?

$100B+ invoices collected | 90%+ auto-match rate | 33-day avg DSO reduction