Case Study: Satellite Industries boosts cash flow and speeds month-end closing with Nectari

Nectari Boosts Cash Flow for Satellite Industries

Satellite Industries, Inc., a global supplier of portable sanitation equipment, faced significant challenges with its financial reporting and month-end closing processes due to its complex, multi-national operations. The lengthy procedures hindered timely decision-making. To address this, the company implemented the Nectari business intelligence solution, also known as Sage Enterprise Intelligence (SEI).

By deploying Nectari, the company gained access to real-time data and powerful reporting tools. This allowed them to drastically shorten their month-end closing cycle from nine days down to five. Furthermore, the use of Nectari for tracking receivables led to an 18-day reduction in days sales outstanding, significantly improving cash flow and enabling proactive, data-driven decision-making.

Satellite Industries, Inc.

John Babcock

Chief Financial Officer