Case Study: An Effective Payment Solution “American Express gives us the option to pay suppliers earlier than our standard terms. This has supported our supply chain relationships, with minimal impact to our existing processes.”
Angus Scott, ACMA, GMA, Group Financial Controller, Clancy Docwra Ltd

1. The client

Clancy Docwra Limited have extended their Days Payable Outstanding, whilst accelerating payments to suppliers, with American Express Corporate Payments.

  • Privately owned family business
  • One of UK’s leading contractors within the construction industry
  • 2500 proud and motivated employees
  • Focus on business development as they diversify into newer sectors

2. The challenge

As part of Clancy Docwra’s growth strategy, cashflow needed to be tightly managed to support their expansion opportunities.

That meant they required a flexible, simple, and effective payments solution. It needed to support their supply chain by giving suppliers an option for earlier payment, without negatively effecting their existing cashflow or invoice process.

3. The solution

American Express provided the flexibility Clancy Docwra Ltd was looking for. They also gained further benefits:

  • More flexible payment periods for the buyer and accelerated payments for Suppliers
  • No change to existing processes. American Express is simply a method of payment. Funds are received into the Supplier banks account
  • Diversified source of cash flow that works harmoniously with other financial arrangements

4. The results

The solution was exactly what Clancy Docwra needed. They can now provide suppliers with an option for earlier payment using American Express. This has benefitted the supply chain, without impacting on any processes.

Find out more about how American Express could supercharge your cashflow here.