Overview

Baxter International is a global healthcare company with operations in over 100 countries, providing critical products across hospitals, clinics, and research facilities. In a high-stakes environment where precision, efficiency, and compliance are paramount, Baxter sought to modernize its financial operations to keep pace with rapid industry changes.

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The Challenge

Baxter's regional financial teams were using siloed tools and inconsistent methodologies, creating major friction across global financial operations. Key challenges included:

• Disparate tools and data sources across geographies
• Lack of real-time spend visibility and unified financial control
• Manual consolidation and reporting, often error-prone and delayed
• Forecasting based on static historical data, not dynamic market realities

This made it increasingly difficult to respond to regulatory shifts, supply chain disruptions, and cost fluctuations in real time—putting strategic initiatives and compliance at risk.

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The Solution

Kollectr.AI implemented an intelligent, scalable solution purpose-built for enterprise finance operations. The deployment included:

1. Centralized Planning Infrastructure

Consolidated Baxter’s budgeting and forecasting processes into a single, governed platform across all markets.

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2. AI-Powered Forecasting Models

Delivered predictive accuracy by incorporating external signals (e.g., inflation, demand shifts, logistics).

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3. Automated Spend Monitoring

Enabled proactive budget control through real-time dashboards and anomaly detection.

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4. Seamless Data Integration

Connected 12+ internal systems into a unified financial data layer—eliminating manual reconciliation.

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Kollectr.AI’s platform was tailored to Baxter’s global complexity and fully deployed within six months across core regions.