Core Solutions

Celonis for Finance and Shared Services

Make decisions with precision to create value and power transformation

Efficiency is fixed at the top of the enterprise agenda and you’re on the line to handle it today and adapt for it tomorrow. Pull double duty and hit your short and long-term goals with Process Intelligence. Combining a decade of process improvement knowledge with AI, Process Intelligence shows you value and how to capture it.

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Less risk,
more reward

Making the right decisions rests on knowing how your business runs. Process Intelligence provides end-to-end visibility so finance departments and Shared Services Centers can nail cash, cost, productivity, service, compliance.

With Process Intelligence, you make decisions with less risk and more reward. Decisions that will make your quarter, year, and even your career.

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Use Process Intelligence to:

Improve cash flow

Accelerate collections Streamline and intelligently prioritize collections based on data-driven insights – and automate manual steps for dunning outreach, dispute coding, and credit approvals.

Use optimized payment terms Make purchases with the most favorable payment terms and ensure optimal payment time.

Shorten dispute cycle times Accelerate dispute discovery through data-driven identification of likely disputes.

Reduce costs

Stop duplicate payments Examine historical & open invoices to identify, flag, and resolve potential duplicates.

Combat excess spend Eliminate contract leakage and analyze spend. 

Minimize bad debt  Reduce bad debt by using real-time, data-driven credit limits to assess credit risk.

Drive touchless invoices Remove avoidable and redundant  activities to streamline invoice processing.

Increase productivity

Improve first time right rate  Detect PO discrepancies proactively by comparing PO data with PRs, contracts, and master data.

Cut down AP throughput time Streamline common actions – like GR follow up – that delay invoice processes.

Optimize credit management Assess risk based on data, centralize your customer information, and create streamlined approval processes.

Enhance service levels

Drive consistent contract usage Identify PRs without contracts and automatically apply the appropriate contract.

Boost on-time payment Prioritize open invoices across all of your systems to quickly resolve payment blocks.

Reduce DSO Automate recurring activities, and simplify tracking & reporting.

Improve cash flow

Accelerate collections Streamline and intelligently prioritize collections based on data-driven insights – and automate manual steps for dunning outreach, dispute coding, and credit approvals.

Use optimized payment terms Make purchases with the most favorable payment terms and ensure optimal payment time.

Shorten dispute cycle times Accelerate dispute discovery through data-driven identification of likely disputes.

Reduce costs

Stop duplicate payments Examine historical & open invoices to identify, flag, and resolve potential duplicates.

Combat excess spend Eliminate contract leakage and analyze spend. 

Minimize bad debt  Reduce bad debt by using real-time, data-driven credit limits to assess credit risk.

Drive touchless invoices Remove avoidable and redundant  activities to streamline invoice processing.

Increase productivity

Improve first time right rate  Detect PO discrepancies proactively by comparing PO data with PRs, contracts, and master data.

Cut down AP throughput time Streamline common actions – like GR follow up – that delay invoice processes.

Optimize credit management Assess risk based on data, centralize your customer information, and create streamlined approval processes.

Enhance service levels

Drive consistent contract usage Identify PRs without contracts and automatically apply the appropriate contract.

Boost on-time payment Prioritize open invoices across all of your systems to quickly resolve payment blocks.

Reduce DSO Automate recurring activities, and simplify tracking & reporting.

GE Healthcare Logo
$1.3bn
One-time free cash
flow boost
t-mobile
$73M
Saved by optimizing
P2P steps
fresenius-kabi-logo@3x
50%
Reduction in
touches per invoice

Start making finance and shared services decisions with precision

Hit quarter-on-quarter cash flow, cost, and productivity goals
Speed towards low risk, high reward transformation
Create value in as little as four weeks
Talk to an expert
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