How InnovateTech Automated 90% of Their Invoicing with Mardisen

The Challenge

As a fast-growing SaaS company, InnovateTech was struggling with a manual invoicing process that was both time-consuming and prone to human error. Their finance team spent several days at the end of each month meticulously creating, reviewing, and sending invoices to hundreds of clients. This not only delayed their cash flow but also pulled valuable team members away from more strategic financial planning and analysis.

The Solution

InnovateTech turned to Mardisen Suite to overhaul their financial operations. They implemented our integrated Invoicing & Billing and Core Accounting modules, along with the Serva AI assistant. Key to their transformation was:

• Automated Recurring Billing: Setting up automated invoicing schedules for their subscription-based clients, eliminating the need for manual creation each month.
• AI-Powered Data Entry: Using Serva AI to automatically populate invoice details from their CRM, drastically reducing data entry errors.
• Real-Time Reconciliation: Connecting their bank accounts to Mardisen for seamless, real-time transaction matching and reconciliation, which provided an up-to-the-minute view of their financial health.

The Results

The impact of adopting Mardisen Suite was immediate and profound. With their invoicing process almost entirely automated, InnovateTech achieved a 90% reduction in manual invoicing tasks. This freed up their finance team to focus on high-value activities, leading to more accurate forecasting and strategic insights.

The efficiency gains directly translated to a 75% faster month-end close, significantly improving their operational tempo. Furthermore, the reduction in manual errors and improved data consistency resulted in a 40% increase in reporting accuracy, giving leadership greater confidence in their financial data.