Boxley Group

Optimizing Talent Value Chains and Maximizing Results

Insights

Increased Working Capital providing flexibility for Growth

Client: Large Integrated Construction Firm

The Challenge:

This client approached Boxley Group with a lack of process around cash management, which allowed for uncontrolled disbursements. In addition, their employees lacked software training which allowed for errors during the vendor set up process which caused recurring early vendor payment.

SUCCESSFUL OUTCOME

  • Refined AP process
  • 95% reduction in time required to do payment selection
  • Increased working capital, providing more flexibility to grow the business
Case Study 4

HOW WE DID IT

  • Reviewed and updated vendor terms in ERP
  • Developed a new disbursement review and approval process
  • Automated the manual payment selection process enabling client to use its ERP system
  • Disabled more than 50% of the total vendor population by identifying inactive vendors

BOXLEY GROUP COMPETENCIES

Finance and Accounting Advisory

Process Optimization

Information Management

Organizational Change Management

Project Management