Kellogg’s Unlocks Millions in Cash Flow Gains
As a global leader in food manufacturing, Kellogg’s operates in 180+ countries with 172 entities and 733 bank accounts. To improve cash visibility and forecasting, the treasury team sought to eliminate manual Excel work and gain better transparency across financial processes. They turned to TIS for a scalable, automation-driven solution.
Cash Flow Improvement
$6M
Achieved by aligning European supplier Days Payable Outstanding (DPO)
$4M
From optimizing U.S. payment terms
Key Outcomes
Kellogg’s now makes better use of cash, which will ultimately enhance its credit rating. The solution has also revealed smaller, but important, FX exposures never previously analyzed; these can now be aggregated and hedged where necessary, reducing risk.
- Significant costs savings
- Process efficiencies
- Increased system connectivity
- Errors reduced
- Risk mitigated