Cargill’s Journey to Successful Credit Risk Management

About The Webinar

Cargill, the largest global privately held firm, operates in 67 countries across 70 independent business units.

Decentralized order-to-cash processes hampered overall efficiency and effectiveness limiting DSO opportunities, variability of bad-debt reserves and leading to high cost execution.

Despite the complexity, Cargill embarked to successfully transform from a decentralized model to a shared services model. Cargill aims to ‘lift-transform-shift’ O2C processes using Six-Sigma and an Integrated Receivables approach to standardize credit policies, improve customer experience, simplify the IT landscape and ensure global process compliance.

Join Gunther Smets, Global Process Owner O2C at Cargill, as he walks you through his journey of winning executive approval, assessing global process maturity and defining a roadmap for long-term credit-to-cash transformation at Cargill.

Key takeaways

  • Process maturity assessment for credit, collections and deductions processes.
  • Six-Sigma for process design for lean and optimized operations.
  • Integrating disconnected IT systems using an integrated receivables platform.
  • Change management for a smooth transition to global shared services for O2C.

Speakers

  • Gunther Smets, Global Process Owner, Order-to-cash
    Cargill
  • Bryan Degraw, Associate Principal Finance Advisory Services
    The Hackett Group