Insights & White Papers

Data Analytics Unlocks Business Process Improvements

By Jason Juds

Data & Analytics

Jason Juds

Principal Consultant

Education

B.S. in Electrical Engineering with a Business minor from the University of Wisconsin - Madison

Specific Areas of Focus

Business & IT Transformation
Data & Analytics
Complex Program Management
ERP Transformation

Jason is a Principal at Liberty Advisor Group with 10+ years of experience in delivering both business and IT transformation programs. Jason also specializes in data and analytics projects driving business insights to find cost savings, operational efficiencies and mitigate risk through the lens of analytics.

While at Liberty, Jason has driven projects across a variety of offerings. Jason has led several ERP transformation delivery assurance projects, keeping programs on track and on budget. Jason drove the SAP, supply chain and business intelligence applications carveout and stand up for the divestiture of a $4B company. Jason has also managed several procurement optimization projects, one using data and analytics to drive $8MM in savings, and another project streamlining processes with the goal of collecting millions in missed discounts as well as optimizing headcount.

Prior to Liberty, Jason managed multiple large-scale ERP implementation programs with the consumer and industrial products and retail industries. Jason specialized in the delivery of supply chain optimization tools as well as business intelligence and enterprise analytics tools.

Jason joined Liberty to help clients drive business value through transformation programs and helping unlock business insights through analytics. Jason enjoys working on complex business challenges and Liberty provides the environment and team to drive these values with clients.

Education

B.S. in Electrical Engineering with a Business minor from the University of Wisconsin - Madison

Liberty Advisor Group was engaged to identify procurement process gaps and improvements. A project resulting in increased discount realization and improved accounts payable processing times.

The Ask

A Food Manufacturer engaged Liberty Advisor Group to identify procurement process gaps and improvements. The areas of opportunity had resulted in an over-inflated procurement organization, missed discounts due to late payments and vendors threatening credit hold.

The Business Problem

The company had grown via acquisition, failing to consolidate processes in the procure-to-pay space across business units. The firm had five unique ERP systems and was unable to holistically view open accounts payable items. The finance and supply chain departments operated in silos, causing issues with procure-to-pay efficiency and resulting in missed discounts and vendor holds.

The Outcome

Liberty rapidly created a consolidated open accounts payable (AP) dashboard across all five ERP systems. Utilizing this dashboard, we implemented process changes to prioritize AP processers’ invoices, reducing the number of vendors threatening a credit hold, and targeting upcoming discounts. This amplified visibility and the prioritization increased discount collection by >20% and decreased the vendors on-hold list by 40%. The increase in discount collection alone would drive roughly $2M annually in savings, based on current negotiated discount payment terms.

Advanced Analytics

Liberty also implemented additional reporting solutions that will enable:

Productivity reporting of AP processors (i.e. invoices/day metrics and monitoring)
Freight tolerance analytics (drive systematic changes for exception fallout)
Payment term audit reporting (improve working capital by fixing term accuracy)

Food_Manufacturer_Case_Study

Liberty Data & Analytics

We address the frustrations of implementing large-scale data and reporting solutions by identifying actionable critical data and provide measurable impact to our client’s bottom line. Clients call us when:

Building out data analytics capabilities
Attempting to build enterprise reporting
Having issues with application integration and master data
Implementing complex new software, such as enterprise resource planning (ERP)

To learn how Liberty can support your Data & Analytics and process optimization efforts, contact Jason Juds, Principal at Liberty Advisor Group (jjuds@libertyadvisorgroup.com).