Ferrero USA Inc Collections

Leanne Cohoon (VP), Bob Kolatac, and Michelle Quagliato at Ferrero achieved 36% reduction in past due amount using HighRadius AI Agents for the Office of the CFO
Leanne Cohoon (VP), Bob Kolatac, and Michelle Quagliato at Ferrero achieved 36% reduction in past due amount using HighRadius AI Agents for the Office of the CFO Value Creation

Value Creation Title Image
Ferrero results in 18,880+ hours saved annually, 16K+ automated email outreaches, and a 56% increase in past due customer coverage via automated dunning Ferrero results in 18,880+ hours saved annually, 16K+ automated email outreaches, and a 56% increase in past due customer coverage via automated dunning
Ferrero results in 18,880+ hours saved annually, 16K+ automated email outreaches, and a 56% increase in past due customer coverage via automated dunning

Read More About Duracell

Highradius Banner
Highradius Banner

Browse All Case Studies

Industry

Product

ERP

Customer Size

cs
thumbnail

88% Faster Cash Conversion Cycle

Others New

Cash Application Management
Collections Management
Read More
thumbnail

61% Improvement In Cash App Productivity

Manufacturing New

Cash Application Management
Read More
thumbnail

94% Straight-Through Cash Application

Others New

Cash Application Management
Read More
thumbnail

93% Straight-Through Cash Application

Manufacturing New

Cash Application Management
Read More
thumbnail

55% Invalid Deductions Recovered

Food & Beverages New

Deductions Management
Read More
thumbnail

73% Improvement In Cash App Productivity

Food & Beverages New

Cash Application Management
Read More
thumbnail

90% Straight-Through Cash Application

Food & Beverages

Cash Application Management
Read More
thumbnail

69% Improvement In Cash App Productivity

Manufacturing

Cash Application Management
Read More
thumbnail

97% Straight-Through Cash Application

CPG

Cash Application Management
Read More
thumbnail

90% Straight-Through Cash Application

CPG

Cash Application
Cash Application Management
Read More
thumbnail

$116 Million Unlocked In Working Capital

Technology

Collections Management
Read More
thumbnail

33% Improvement In FTE Productivity

Others

Cash Application Management
Read More
thumbnail

31-Day Reduction In Days Sales Outstanding

Others

Collections Management
Read More
thumbnail

50% Reduction In Past Due Amount

CPG

Collections Management
Read More
thumbnail

60% Cash Application Productivity Boost

Manufacturing

Cash Application Management
Read More
thumbnail

66% Improvement In Cash Reconciliation Productivity

Manufacturing

Balance Sheet Reconciliation
Read More
thumbnail

98% Faster Report Consolidation

Others

Financial Consolidation
Financial Reporting
Read More
thumbnail

54% Improvement In AR Matching

Others

Cash Application
Cash Application Management
Read More
thumbnail

50% Higher Productivity Supporting 2x Revenue Growth

Technology

Financial Close
Read More
thumbnail

18% Faster Month-End Close

Manufacturing

Financial Close
Read More
thumbnail

100% Supplier Portal Adoption Of 680K+ Global Suppliers

Manufacturing

Supplier Portal
Read More
thumbnail

96% Straight-Through Cash Application

Others

Cash Application Management
Read More
thumbnail

95.6% Straight-Through Invoice Processing

Food & Beverages

AP Automation
Read More
thumbnail

67% Reduction In Past Due 2,080 Hours Saved Per FTE

CPG

Collections Management
Read More
thumbnail

68% Invalid Deductions Recovered

CPG

Deductions Management
Read More
thumbnail

78% Improvement In Cash App Productivity

CPG

Cash Application Management
Read More
thumbnail

$29 Million Unlocked In Working Capital

Others

Collections Management
Read More
thumbnail

$112 Million Unlocked In Working Capital

Others

Collections Management
Read More
thumbnail

75% Improvement In Cash App Productivity

Others

Cash Application Management
Read More
thumbnail

84% Straight-Through Cash Application

Others

Cash Application Management
Read More
thumbnail

58% Reduction In Past Due Amount

Others

Collections Management
Read More
thumbnail

55% Improvement In Invoice Processing Productivity

Others

AP Automation
Read More
thumbnail

51% Cash Application Productivity Improvement

Others

Cash Application Management
Read More
thumbnail

86% Straight-Through
Cash Application

Building Materials

Cash Application Management
Read More
thumbnail

69% Improvement In AR Productivity

Manufacturing

Cash Application Management
Read More
thumbnail

86% Straight-Through Cash Application

Others

Cash Application Management
Read More
thumbnail

97% Straight-Through
Cash Application

Manufacturing

Cash Application Management
Read More
thumbnail

66% Reduction In Past Due Amount

Others

Cash Application Management
Collections Management
Read More
thumbnail

91% Straight-Through Cash Application

Others

Cash Application Management
Read More
thumbnail

10-Day Reduction In Days Sales Outstanding

Others

Collections
Collections Management
Read More
thumbnail

33% Faster Cash Application

Food & Beverages

Cash Application Management
Read More
thumbnail

46% Productivity Improvement In Invoice Processing

Manufacturing

AP Automation
Read More
thumbnail

95% Accurate Cash Forecasting

Manufacturing

Cash Forecasting
Treasury
Read More
thumbnail

46% Improvement In Credit Analyst Productivity

Building Materials

Credit Management
Read More
thumbnail

$2.1 Million Reduction In Bad Debt

Building Materials

Credit
Credit Management
Read More
thumbnail

96% Automated Cash App With 56% Team Productivity

Food & Beverages

Cash Application
Cash Application Management
Read More
thumbnail

$124 Million Recovered In Invalid Deductions Annually

Food & Beverages

Cash Application
Cash Application Management
Collections
Collections Management
Deductions
Deductions Management
Read More
thumbnail

$33.4 Million Recovered 34 Days Resolution vs 90 Days CPG Avg

Food & Beverages

Deductions
Deductions Management
Read More
thumbnail

$5.9 Million Saved In Credit Card Fees Annually

Technology

EIPP
Electronic Invoicing
Read More
thumbnail

$93 Million Worth Payments Processed Annually

Food & Beverages

EIPP
Electronic Invoicing
Read More
thumbnail

99.3% Accurate Receivable Forecasting Over 6-Months

CPG

Cash Forecasting
Read More
thumbnail

1600 Hours+ Reclaimed For High-Risk Reconciliations

Manufacturing

Balance Sheet Reconciliation
Read More
thumbnail

75% Improvement In Revenue Recognition Productivity

Others

Balance Sheet Reconciliation
Read More
thumbnail

$2 Million Saved Annually In Accounts Payable Across 1800+ Stores

Manufacturing

AP Automation
Read More
thumbnail

$500K+ Saved In Credit Card Fees With Level III Processing

Others

EIPP
Electronic Invoicing
Read More
thumbnail

94% Accurate Cash Forecasting

Manufacturing

Cash Forecasting
Treasury
Read More
thumbnail

56% Reduction In Past Due Amount

Manufacturing

Collections
Collections Management
Read More
thumbnail

94.2% Accurate Cash Forecasting

Manufacturing

Cash Forecasting
Cash Management
Read More
thumbnail

67% Faster Cash Reconciliation With Automated Journal Posting

Manufacturing

Balance Sheet Reconciliation
Read More
thumbnail

65% Faster Bank Reconciliation & 99% Automated Task Completion

Food & Beverages

Balance Sheet Reconciliation
Read More
thumbnail

92% Item Automation Rate Reducing Blocked Orders by 30%

Building Materials

Cash Application
Cash Application Management
Read More
thumbnail

85% Boost In Cash Application Efficiency

Others

Cash Application
Cash Application Management
Read More
thumbnail

Zero Bad Debt Four Years In A Row & 70% Faster Onboarding

Manufacturing

Credit Management
Read More
thumbnail

$79 Million Unlocked In Working Capital

Manufacturing

Collections
Collections Management
Read More
thumbnail

$25.5Mn+ Recovered While Boosting Productivity By 75%

CPG

Deductions
Deductions Management
Read More
thumbnail

95% Straight-Through Cash Application

Food & Beverages

Cash Application
Cash Application Management
Read More
thumbnail

85% Accurate Cash Forecasting Across Cash Collection & Deposit

Building Materials

Cash Forecasting
Read More
thumbnail

65% Faster Month End Close

Technology

Financial Close
Read More
thumbnail

90% Cash App Automation Reducing DSO by 20 Days

Others

Cash Application
Cash Application Management
Read More
thumbnail

5 Day Reduction In DSO & 43% Increase In Collector Productivity

Manufacturing

Collections
Collections Management
Read More
thumbnail

$7.5 Million Invalid Deductions Recovered Annually

Food & Beverages

Deductions
Deductions Management
Read More
thumbnail

$48.8 Million Unlocked In Working Capital

Building Materials

Collections
Collections Management
Read More
thumbnail

96% Straight-Through Cash App Lowering Credit Risk by $57Mn

CPG

Cash Application
Cash Application Management
Read More
thumbnail

$5 Million Recovered In Invalid Deductions Annually

Food & Beverages

Deductions
Deductions Management
Read More
thumbnail

41% Reduction In % Past Due and 1238 hours saved per FTE

Technology

Collections
Collections Management
Read More
thumbnail

$1.3 Million Interest Savings Annually

Technology

Cash Forecasting
Cash Management
Read More
thumbnail

$6.2 Million Unlocked In Working Capital Annually

Food & Beverages

Collections
Collections Management
Read More
thumbnail

$57 Million Reduction In Credit Risk Annually

CPG

Credit Management
Read More
thumbnail

$336 Million Unlocked In Working Capital

Building Materials

Collections Management
Read More
thumbnail

31-Day Faster Cash Conversion Cycle

Others

Collections
Collections Management
Read More
thumbnail

20-Day Reduction In DSO & 40% Boost In Collector Productivity

Others

Collections
Collections Management
Read More
thumbnail

$30Mn Added In Cash Flows Across O2C, Accounting & Treasury

Technology

Cash Forecasting
Cash Management
EIPP
Electronic Invoicing
Read More