Huntsman Corp., a global manufacturer of commodity chemicals, recently selected SunGard’s AvantGard GETPAID software suite to help improve efficiency in support of its Six Sigma initiatives. Huntsman plans to integrate the software with its SAP enterprise system to help improve cash flow and reduce operating expenses. AvantGard GETPAID helps customers improve control of financial performance and operational efficiency. Its Order-To-Cash process links key activities in the financial value chain, including credit analyses and approval, cash collections, dispute resolution, cash application, and financial analysis and reporting. Historically, these operations have been highly inefficient due to a lack of automation and integrated systems for this critical business area.

“A well-orchestrated strategy of cost management, working-capital management and technology-driven productivity can have a significant impact on cash flow and margins,” says C.J. Wimley, CEO of SunGard’s AvantGard GETPAID business unit. “Many organizations have identified the finance and credit operation as a key area for efficiency improvement.”

 …