GE HealthCare handles a large volume of invoicing and receivables. Disconnected systems and manual coordination created approval delays, cash flow uncertainty, and financial risks.
With Celonis process mining, GE HealthCare mapped these bottlenecks in real time, optimized collections, and strengthened financial predictability.
Strategic Objectives
- Reduce Days Sales Outstanding (DSO)
- Speed up collections
- Improve cash flow predictability
- Enhance financial resilience
Implemented Solution
Celonis EMS analyzed the financial processes in real time, exposing:
- approval chains that caused delays
- missing documentation
- low-priority or aging receivables
Dashboards and data-driven prioritization helped finance teams collaborate and resolve bottlenecks faster.
Results
- 45-day improvement in the collection cycle
- 30% faster receivables collection
- 20% improvement in reporting accuracy
- Stronger liquidity
- Better capacity for strategic investment
Why It Matters?
This initiative gave GE HealthCare a stronger cash position and reduced financial risk, empowering the business to fund growth more sustainably.
