Case Study: EVERSANA retires Excel forecasts and cuts variance to single digits with Trovata

How EVERSANA Retired Excel Forecasts with Trovata

EVERSANA, a pharmaceutical company with 5,000+ employees, was relying on a massive Excel-based cash forecast that required manual transaction entry, bank statement downloads, and hours of upkeep. Treasury Manager Tim Green needed a more scalable way to improve visibility into domestic and international cash, increase forecast accuracy, and make reporting to leadership faster and more collaborative.

Using Trovata’s automated cash forecasting and bank data platform, EVERSANA built tagged transaction streams, entity- and region-level forecasts, and repeat-history models that could be adjusted for one-offs. Trovata helped EVERSANA retire its Excel forecast in under four months, cut forecast variance to single-digit percentages, gain real-time global account visibility, and turn variance analysis that once took 1–5 hours into an instant process.

EVERSANA

Tim GreenCTP

Treasury Manager