Case Study: Van der Erve Europe achieves automated cash flow forecasting and faster reporting with BrightAnalytics

Daily monitoring and forecasting of cash flow: it can be done from now on

Van der Erve Europe, part of the Tomtree holding company and an international manufacturer of licensed and branded clothing, needed a better way to manage cash flow when the COVID-19 pandemic created uncertainty across customers and suppliers. Their existing cash planning was done only a few times a year in Excel, making it slow, manual, and difficult to use for timely decision-making. BrightAnalytics was selected to help them move to a more flexible and automated cash forecasting approach.

BrightAnalytics implemented a tailored, modular solution that automated cash planning and added personalized short- and long-term cash flow forecasting, along with financial reporting for P&L, sales and margin, and dollar requirements. The impact was significant: reporting and analysis time dropped from a full day to about two hours, manual errors were reduced, and the team gained more accurate, source-based insights. BrightAnalytics also enabled the company to expand reporting step by step and prepare for consolidated reporting across additional business units.

Van der Erve Europe

Bart van den Broeck

Chief Financial Officer