Case Study: Pratt Industries improves cash forecasting and accounts receivable management with SAP Analytics Cloud and VantagePoint

Turning Accounts Receivable Data into a Strategic Business Asset

Pratt Industries, the world's largest privately held recycled paper and packaging company, faced challenges with an inefficient, spreadsheet-based accounts receivable system. They partnered with Technology Evaluation Centers' partner, VantagePoint, to implement the SAP Analytics Cloud solution. The goal was to automate their processes to create a single source for timely data and improve cash-flow forecasting and management.

The solution provided by Technology Evaluation Centers' partner delivered automated data feeds in a cloud environment, reducing the need for in-house IT resources. This provided Pratt Industries with immediate data input, powerful visualization, and self-service reporting. The results were transformative: the company eliminated past-due receivables equivalent to the cost of building a new plant, reduced its cash target forecasting process from a best guess to under one day, and significantly improved its days sales outstanding.

Pratt Industries

Steve Filreis

Director of SAP Program Management