BUSINESS SITUATION
A global PE firm wanted to track Accounts Payable (AP) & Accounts Receivable (AR) closely to reduce outstanding days due to increased interest rates
ENGAGEMENT
We created AP and AR database with 20+ KPIs and developed dynamic and interactive dashboards to optimize cash cycles.
SGA APPROACH
- Data collection: Integrated and aggregated AP and AR data from client’s ERP systems and excel/CSV files
- Data processing: Generated 20+ KPIs (outstanding days, payments overdue, etc.) to assess current situation
- Dashboard development: Designed and built dedicated dashboards catering to the AP and AR teams with dynamic linkage of the database leveraging business intelligence tools
- Data visualization: Embedded tree charts for better decision support and pattern identification
- Interactive insights: Enabled report with natural language processing functionality to answer ad hoc questions
Our dashboards helped our client derive actionable insights to improve visibility of cash flow
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BENEFITS & OUTCOME
- Efficiency: Saved ~4000 manual hours annually through effective data management and dynamic dashboards
- Enhanced business impact: Dashboard provided insights for strategic adjustments, enhancing liquidity management and vendor payment timeliness
KEY TAKEAWAYS
- Created daily dashboard for AP & AR teams, boosting operational focus and efficiency
- Strengthened controls within the AP & AR process resulting in better liquidity management and enhanced vendor and customer relationships
