94.2% Accurate Cash Forecasting Accuracy

Impact Achieved

Forecasting

Reduced from 30 Hours/Week to Under
5 Minutes

94.2%

Overall Cash
Forecasting Accuracy

75%

Faster Daily Reporting (time cut from 4-6 hours to 30 minutes)

35 Legacy Bank

Accounts Closed in 9 Months, Unlocking Idle Cash with 100% Real-Time Visibility

“HighRadius enables us to forecast cash flow 12 months out, a strategic capability that was nearly impossible with Excel. By instantly blending historical and current data, we generate reports much faster, empowering our team to make better-informed and more timely business decisions.”

case-study-speaker

Jorge Turruellas

Vice President, Treasurer,

Pavion

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About Pavion

Pavion is a global leader in fire safety, security, and integration solutions. The company provides a single-source solution for businesses, offering services such as access control, video surveillance, and fire alarm systems to protect assets and ensure seamless connectivity.

Revenue

$8 Mn+

Employee Count

2500+

Region

Virginia, USA

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Top Challenges

  • Intensive Manual Forecasting: Analysts spent 30 hours every week on manual spreadsheet work, consolidating data from 22 different company codes to build forecasts.
  • Time-Consuming Daily Reporting: The treasury team spent 4-6 hours each day manually logging into over 100+ bank accounts just to pull balances and
    consolidate reports.
  • Lack of Centralized Visibility: Data was fragmented across 128 bank accounts and 22 operating companies, which resulted in no centralized access or real-time visibility into cash positions.
  • Reactive Decision-Making: The lack of timely insights forced decisions on investments and borrowing to be made reactively, often too late to capture opportunities and leading to rising borrowing costs.
  • Inability to Perform Strategic Analysis: The overwhelming manual workload made scenario modeling impossible and reduced highly skilled employees to performing clerical tasks instead of strategic
    liquidity planning.

Business Benefits

  • 94.2% Forecast Accuracy in <5 Mins vs. 30 Hours
  • 17 AI Agents, 4,862 Simulations
  • 128 Bank Accounts Centralized,
    35 Closed
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