Case Study: Cubic reduces financial close, billing, and collections cycles with Dassian

Cubic reduces close, billing, and collection cycles by 3 weeks with Dassian

The customer, Cubic, a multinational defense and public transportation equipment manufacturer, faced significant challenges with its month-end financial close. The process was inefficient, characterized by billing backlogs, manual workflows, and reconciliation issues that delayed reporting and tied up millions in working capital. To address this, Cubic partnered with vendor Dassian to implement their Managerial Accounting and Enhanced Regulatory Compliance solutions.

Dassian's solutions provided Cubic with standardized, automated workflows for contract-driven billing, revenue recognition, and collections, all fully embedded within their SAP S/4HANA environment. This implementation delivered tangible results: Cubic reduced its financial close, billing, and collection cycles by three weeks. This freed up significant capital, reduced reliance on short-term financing, and provided leadership with auditable, traceable data, fundamentally improving the company's cash position and reducing risk.

Cubic