Case Study: Harris achieves streamlined forecasting and daily cash visibility across 900+ projects with HighRadius Cash Forecasting Cloud

How a Construction Company Streamlined Forecasting Across 900+ Projects

Harris, a U.S. construction company with $600M revenue and 900+ active projects, faced error-prone, Excel-based forecasting that relied on indirect balance-sheet and income-statement inputs. The process produced only long-term forecasts, poor short-term visibility, frequent cash crunches and high-interest borrowing. To address these issues Harris engaged HighRadius and implemented the Cash Forecasting Cloud.

HighRadius deployed its AI-driven Cash Forecasting Cloud—machine-learning AR/AP/payroll models, automated data rollups, integration with ERP/FP&A and daily forecasting—replacing manual models and moving forecasting from the CFO to an analyst (freeing roughly 15 hours/month of CFO time). The solution delivered up to 85% A/R forecast accuracy, daily forecasts across 900+ projects, automated variance analysis and end-to-end visibility, enabling better debt decisions and reduced cash shortfalls.

Harris