Duplicate Payments: Vendor ledger analyses and payments recovery project brings €1M additional cash

A leading beverage company launched a business transformation initiative at a global level that included its organizational structures and business operating model. The overall goal for the outsourcing project was to increase effectiveness and efficiency to bring the company’s Finance & Accounting function to “world class” performance. One of the most important goals of the project was to deploy a global unified solution across all business units to support the business to deliver standardization and process improvement while maintaining high standards of control and compliance.