Case Study: Pratt achieves better cash forecasting and receivables management with SAP Analytics Cloud

Turning Accounts Receivable Data into a Strategic Business Asset

Pratt Industries, a major recycled paper and packaging company, faced an inefficient, spreadsheet-based accounts receivable system. Their challenge was to automate this process to create a single source of timely data for reliable reporting, improved cash forecasting, and better management of past-due payments. To address this, they worked with vendor SAP and implemented the SAP Analytics Cloud solution.

By deploying the SAP Analytics Cloud solution, Pratt Industries automated its data feeds and gained powerful visualization tools. The results were significant, including a reduction in the cash forecast process from days to under one day and the elimination of past-due receivables equivalent to the cost of building a new plant. SAP's solution provided the company with enhanced forecasting and greatly improved cash flow and decision-making capabilities.

Pratt

Stephen Filreis

SAP Program Management Office