Kellogg Company partners with Cashforce to create a smart forecasting solution offering new working capital insights and KPIs
By pairing Cashforce’s Working Capital Insights solution with a newly introduced company-wide data-driven mindset, Kellogg Company has made significant improvements to its forecasting processes, tightened its working capital cycles, and realised huge savings. It’s a project for which the TMI judging panel has no hesitation in declaring Kellogg’s as winner of the 2021 Corporate Recognition Award for Best Working Capital Solution.
Corporate Recognition Awards
Best Working Capital Solution
In 2020, the treasury team of American multinational food manufacturing firm Kellogg Company was looking for a smart but resource-lite cash forecasting solution capable of driving noteworthy improvements in its working capital management. It selected Cashforce, a cash-forecasting platform that uses AI to improve accuracy.