Case Study: Pearson achieves better cash visibility and forecasting with Cashforce

Pearson - Customer Case Study

Pearson, the British multinational publishing and education company, needed a better way to manage a highly complex cash data environment while keeping the workload on IT low. It turned to Cashforce, using its cash forecasting and working capital analytics platform to improve visibility and enable deeper drill-down analysis by operating company and process.

Cashforce integrated with Pearson’s systems, used robotics to eliminate manual keying, and applied AI-driven forecasting to classify cash flows and produce more accurate analyses. The solution improved cash visibility, speed, consistency, and stakeholder reporting, and helped reduce FX transactions through netting; Pearson’s Group Treasurer said that without Cashforce, peak borrowings would have been at least £100m higher.

Pearson

James Kelly

Group Treasurer