Sage Case Studies Sage Enterprise Intelligence boosts cash flow for Satellite Industries

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	Sage Enterprise Intelligence boosts cash flow for Satellite Industries Sage

Sage Enterprise Intelligence boosts cash flow for Satellite Industries

Sage

Technology Category	Analytics & Modeling - Real Time Analytics Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Functions	Discrete Manufacturing Procurement
Use Cases	Inventory Management Predictive Quality Analytics
Services	Data Science Services System Integration
Challenge	Satellite Industries, a global supplier of portable sanitation equipment, was struggling with financial reporting across its multiple locations, divisions, departments, and currencies. The process was time-consuming and laborious, often taking more than 15 days for month-end closing. Additionally, the company was seeking to reduce the days sales outstanding of its receivables. The large chart of accounts and the need for real-time, actionable data for decision-making added to the complexity of the situation. Read More
About Customer	Satellite Industries, Inc. is the world’s largest supplier of portable sanitation equipment. The company operates from offices throughout North America and Europe, dealing with multiple locations, divisions, departments, and currencies. This complexity, combined with a large chart of accounts, made financial reporting a long and arduous process for the company. The need for real-time, actionable data for decision-making was a significant requirement for the company. Read More
Solution	Satellite Industries implemented Sage Enterprise Intelligence, a powerful business intelligence tool integrated with Sage ERP X3. This solution allowed the company to draw real-time, actionable data from its ERP solution, significantly improving its financial reporting process. The software automatically generates and distributes past due reports each day to sales and customer services reps, enabling the company to stay on top of overdue invoices. The implementation of Sage Enterprise Intelligence has resulted in a more efficient and effective financial reporting process. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Functional Applications - Enterprise Resource Planning Systems (ERP)

Applicable Functions

Discrete Manufacturing

Procurement

Use Cases

Inventory Management

Predictive Quality Analytics

Services

Data Science Services

System Integration

Challenge

Satellite Industries, a global supplier of portable sanitation equipment, was struggling with financial reporting across its multiple locations, divisions, departments, and currencies. The process was time-consuming and laborious, often taking more than 15 days for month-end closing. Additionally, the company was seeking to reduce the days sales outstanding of its receivables. The large chart of accounts and the need for real-time, actionable data for decision-making added to the complexity of the situation.

About Customer

Satellite Industries, Inc. is the world’s largest supplier of portable sanitation equipment. The company operates from offices throughout North America and Europe, dealing with multiple locations, divisions, departments, and currencies. This complexity, combined with a large chart of accounts, made financial reporting a long and arduous process for the company. The need for real-time, actionable data for decision-making was a significant requirement for the company.

Solution

Satellite Industries implemented Sage Enterprise Intelligence, a powerful business intelligence tool integrated with Sage ERP X3. This solution allowed the company to draw real-time, actionable data from its ERP solution, significantly improving its financial reporting process. The software automatically generates and distributes past due reports each day to sales and customer services reps, enabling the company to stay on top of overdue invoices. The implementation of Sage Enterprise Intelligence has resulted in a more efficient and effective financial reporting process.

Impact #1	Satellite Industries shortened its month-end closing cycle from nine days to just five days, allowing for more days every month with current data for decision-making.
Impact #2	The company was able to stay on top of overdue invoices, improving cash flow.
Impact #3	Access to real-time, actionable data facilitated faster and more strategic decision-making.

Impact #1

Satellite Industries shortened its month-end closing cycle from nine days to just five days, allowing for more days every month with current data for decision-making.

Impact #2

The company was able to stay on top of overdue invoices, improving cash flow.

Impact #3

Access to real-time, actionable data facilitated faster and more strategic decision-making.

Benefit #1	Month-end closing procedures cut by four days.
Benefit #2	Days sales outstanding slashed by 18 days.

Benefit #1

Month-end closing procedures cut by four days.

Benefit #2

Days sales outstanding slashed by 18 days.

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Overview

Sage Enterprise Intelligence boosts cash flow for Satellite Industries

Operational Impact

Quantitative Benefit