Pearson, the global leader in education services with $4.6 billion in annual turnover and operations in nearly 200 countries, sought to improve its cash forecasting accuracy and efficiency. With over 600 bank accounts and 30 treasury centers, manual forecasting processes were slow and inconsistent. By implementing TIS’ cloud-based solution, Pearson automated data integration from banks and systems, enabling detailed analysis of cash flow drivers at both global and operating company levels. This delivered faster, more accurate forecasts, reduced FX transactions through netting, and cut peak borrowings by over £100 million, generating millions in savings while providing better insights to stakeholders.

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