Parker Hannifin

Parker Hannifin

How a Fortune 250 company set an Automated Order-to-Cash Process in Motion to support Global Enterprise Operations

Cforia.autonomy’s real-time data capabilities quickly gave management the visibility Parker Hannifin was lacking into the business’s overall numbers and individual collector KPIs.

About Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and systems control technologies. The company’s products are vital to virtually everything that moves or requires control, including the manufacture and processing of raw materials, durable goods, infrastructure development, and all forms of transport.

The Challenge

24 distinct A/R teams with ERP environments that were disconnected and operated independently. The goal was to consolidate operations resulting in a unified order to cash management platform and data set.

Impact Achieved

  • 5 Day reduction in DSO
  • 3-4% Collection Efficiency Improvement
  • 4-5% Past Dues Improvement

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