Liquidity optimization
with process mining
Webinar on demand
CFO Services
Gerrit Kohrs
51
Minutes
How to identify data-driven risks, manage cash flows and improve your liquidity
Is process mining just hype or does it offer real added value? In our XING Expert Dialog, we will use the example of liquidity management to show you very specific application options and potentials of process mining technology for your business. You will learn how process mining can help you protect your cash reserves within a very short time.
Agenda
- What is process mining and what potential does it offer for companies?
- What tools are there and how do you use them efficiently?
- Practical example: Cash flow optimization
Reduce Accounts Payable / DSO
Accelerate invoicing
Analyze open transactions and identify risks
Determine optimal payment terms
Adapt dunning procedures
Increase Accounts Payable / DPO
Identify incorrect and/or duplicate invoices
Check due dates (invoice receipt before goods receipt?)
Analyze status of current open/overdue EK invoices
Optimize payment timing
Supply Chain Management / Reduce DIO
Identify delivery risks
Accelerate order processing
Service Level Optimization / Availability vs. Inventory
Identify slow processes and "fix" if necessary
Eliminate customer delays
Avoid manual changes
- Quick Start: How to get the first insights within 5 days.
Webinar contributors
Gerrit Kohrs is Principal SCM at celver AG. He is a certified PRINCE2® Practitioner, Board Consultant and has been working in the Business Intelligence and CPM environment since 2008, initially in-house and since 2013 as a consultant and project manager. He currently advises clients from various industries on process optimization, integrated planning solutions and information design.
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