Core Solutions

Celonis for Finance Transformation

Your low-risk transformation accelerator

You need your Finance transformation to both speed up, and deliver quarter-on-quarter results. The good news? Celonis offers you the solution to uncover value opportunities hiding in your Finance processes right now, without disrupting the systems you already use. So you can deliver real value, fast.

Finance Transformation 2250x2250

Move fast, break nothing

The secret to accelerating the execution of your Finance transformation strategy lies in realizing that there are value opportunities hiding in your processes right now. 

The Celonis EMS helps you uncover these value opportunities and act on them to deliver rapid cash impact in a low-risk, high-reward way, layering on top of the tools you already use.

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What does that look like in action?

Improve cash flow

Optimize payment terms Purchase with the most favorable payment terms to ensure optimal payment time

Prevent early payments   Identify payment term mismatches in AP that unnecessarily drive down DPO

Accelerate AR collections Streamline and intelligently prioritize collections based on data-driven insights

Reduce costs

Combat excess spend Eliminate contract leakage and analyze spend to create new contracts 

Prevent duplicate payments Examine historical & open invoices for similarities to identify and flag potential duplicates

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

Accelerate productivity

Reduce PR-PO discrepancies Simplify procurement & detect discrepancies by matching against the master data

Cut down AP throughput time Streamline common AP actions - like GR follow up - that delay invoice processing

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

Improve cash flow

Optimize payment terms Purchase with the most favorable payment terms to ensure optimal payment time

Prevent early payments   Identify payment term mismatches in AP that unnecessarily drive down DPO

Accelerate AR collections Streamline and intelligently prioritize collections based on data-driven insights

Reduce costs

Combat excess spend Eliminate contract leakage and analyze spend to create new contracts 

Prevent duplicate payments Examine historical & open invoices for similarities to identify and flag potential duplicates

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

Accelerate productivity

Reduce PR-PO discrepancies Simplify procurement & detect discrepancies by matching against the master data

Cut down AP throughput time Streamline common AP actions - like GR follow up - that delay invoice processing

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

What could you achieve with Celonis?

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€55M
Improvement in
monthly cash flow
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$73M
Saved by optimizing
P2P steps
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553%
Improvement in
touchless invoice rate

Accelerate your finance transformation today