Challenge
Client needed to manage invoicing process within the Global Services Team, as well as inaccuracies in predicting payment outcomes, particularly in how contracts were structured with suppliers.
Impact
Transformed the Fortune 500 global manufacturer’s financial operations, leading to more strategic supplier relationships and improved cash flow management.
Our Solution
- Developed and implemented a cutting-edge metrics analysis process
- Created a predictive model that could accurately forecast invoice-level outcomes
- Enabled the client to restructure supplier contracts based on data-driven insights
Key Outcomes
- High-Accuracy Predictions: Our model achieved over 80% accuracy in predicting late payment statuses, empowering the client to proactively manage financial risks
- Significant Cost Savings: The client realized savings exceeding $90 million, demonstrating the substantial impact of our solution on their bottom line