Automation transforms cash-flow forecasting at Pearson

Artificial intelligence has revolutionized cash-flow forecasting at educational services provider Pearson.

When James Kelly, senior vice-president treasury, risk management and insurance, joined Pearson in 2017 he decided to focus on areas where he felt treasury could add the most value – providing capital-structure advice (dividends, share buybacks), debt raising, risk management, and in-house cash expertise.

Pearson is a leading player in the learning market, with approximately 20,000 employees providing customers in nearly 200 countries with digital content, assessments, qualifications and data. In the last financial year, the company made an adjusted operating profit of £385 million.

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