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AI Agents Drive Smarter Spend Control and Working Capital Gains
Discover how a global consumer goods company unlocked £60M in working capital with top 4 suppliers by enforcing master agreements and standardising supplier payment terms.
Discover how a global consumer goods company unlocked £60M in working capital with top 4 suppliers by enforcing master agreements and standardising supplier payment terms.
END-TO-END VISIBILITY
A global consumer goods company, operating in over 60 countries with an annual turnover of £14 billion and a workforce of around 40,000 professionals.
The company struggled with limited visibility, misclassified and uncategorised spend, and high indirect procurement costs. While spend was fragmented across multiple categories, Marketing was a key area of concern, with high costs and limited transparency. The company wanted to bring spend under control, but faced several challenges:
Poor data quality limiting visibility and control across categories
Miscategorised and uncategorised spend delivering misleading insights
Parent–child mapping gaps causing supplier duplication
Subsidiary non-compliance with master supplier agreements, leading to inconsistent payment terms
High levels of non-PO spend even with strategic suppliers
Shadow spend occurring outside procurement oversight
END-TO-END VISIBILITY
The Spendkey platform, powered by Cassian, its network of AI agents delivered:
Automated data cleansing, enrichment, and classification to build a clean, unified dataset.
Mapped suppliers to eliminate duplication and provide a consolidated view.
Standardised payment terms across subsidiaries in line with master supplier agreement, unlocking significant working capital.
Flagged missing purchase orders to reduce non-PO spend and strengthen compliance.
Delivered granular dashboards giving procurement teams real-time visibility into spend, suppliers, and categories.
DESIGNED TO DELIVER
SpendKey’s Cassian agents helped the customer to:
Built a unified, reliable dataset that significantly improved visibility and accuracy compared to legacy systems.
Reclassified thousands of previously miscategorised or unclassified records into the correct taxonomies, enabling meaningful analysis.
Freed up £60M in cash flow by enforcing master agreements and standardising payment terms with the top four suppliers in a single category.
Flagged transactions without purchase orders, strengthening compliance and control.
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END-TO-END VISIBILITY
Spendkey’s Cassian AI agents transformed fragmented and misclassified spend data into a unified, trusted source of truth within days. The platform delivered accurate spend classification, granular visibility across categories, and unlocked significant working capital by standardising payment terms in line with master supplier agreements.
Find out how your organisation can:
Create a unified, accurate, and consistent dataset by automating time-intensive and error-prone processes of data consolidation and cleansing.
Harness the power of AI agents combined with human intelligence to accurately classify spend, gain holistic visibility into cost categories, and optimise sourcing strategies.
Surface actionable savings and supplier consolidation opportunities.
Standardise payment terms to unlock working capital and strengthen compliance.
Get AI-powered recommendations on next best sourcing actions, with step-by-step “how-to” guides for quick execution and measurable outcomes.
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