Meridian Consulting Group
Cut overdue receivables by 62%
A 15-person management consulting firm transformed their collections process with AI-powered payment predictions and smart follow-ups, dramatically improving cash flow and reducing manual effort.
The Challenge
- Chasing 40+ client invoices manually across spreadsheets and email threads, with no centralized tracking system
- Inconsistent follow-up timing and tone, leading to strained client relationships and delayed payments
- Unpredictable cash flow making it impossible to plan hiring, investments, or project commitments with confidence
- Average days sales outstanding (DSO) of 65 days, tying up working capital and limiting growth
The MyCFO Solution
AI Payment Predictions
Machine learning models analyzed 2 years of payment history to predict when each invoice would be paid, flagging at-risk receivables before they became overdue
Smart Follow-ups
AI determined the optimal timing, tone, and channel for each client follow-up based on their unique payment behavior patterns
Cash Flow Forecasting
90-day rolling forecasts with three scenarios gave the leadership team confidence to make hiring and investment decisions
AR Tracking Dashboard
Real-time aging analysis with 30/60/90 day brackets replaced manual spreadsheet tracking across the entire book of business
“We used to spend hours every week chasing payments. Now the AI handles our entire collections workflow — it knows exactly when to follow up with each client and what tone to use. Our cash flow has never been more predictable.”
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