How Vulcan Materials Group leverages Datricks to ensure Financial Integrity

How Vulcan Materials Group leverages Datricks to ensure Financial Integrity
Meirav German
By Meirav German

Vulcan Materials Company eliminates billing related exposures with the Datricks financial integrity platform

Eliminating billing process-induced errors

with autonomous process mapping and continuous exposure detection

Generating accurate invoices every time

by uncovering billing anomalies and discrepancies in real time

Ensuring financial integrity 

with enhanced reporting accuracy and cash flow protection

About Vulcan Materials company

Founded in 1909 in the US, Vulcan Materials Company (NYSE: VMC) is the country’s largest producer of construction aggregates—primarily crushed stone, sand and gravel—and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete. The company’s coast-to-coast footprint and strategic distribution network align with and serve the nation’s growth centers.

VMC Highlights

$7.3B
in revenues (2024)
12,000
people
400
facilities
 
Part of the S&P 500

The need

Vulcan Materials Company (VMC) was in the midst of migrating its business systems when it recognized the need to address existing process inefficiencies before they carried over into the new implementations.

For example, billing inaccuracies often went unnoticed until customers reported them. As a result, invoices had to be reissued, causing delays in revenue recognition, disrupting reporting, and impacting cash flow.

“When we were evaluating other solutions, it was clear that Datricks brings the only platform that can help us identify inefficiencies in our billing processes, eliminate costly rebilling, and drive real savings. No BI system can do that. Now that’s impressive!“

The solution

With continuous process analysis across all data and real-time exposure detection, the Datricks Financial Integrity Platform enabled VMC to identify billing anomalies and discrepancies and eliminate the process-induced errors and operational inefficiencies that contribute to billing inaccuracies. 

As a result, the team has significantly improved its ability to generate accurate invoices on the first attempt, ensuring the Financial Integrity of revenue recognition, reporting, and cash flow. 

Financial integrity is crucial to us. It forms the foundation of our confidence in producing materially accurate financial reports.

Why Datricks

  • Autonomous process mapping
  • Automated violations detection
  • Comprehensive process visibility 
  • Enhanced audit efficiency
  • Improved controls
  • Financial reporting transparency

We’re so pleased with the results we’ve achieved using Datricks that we’re expanding the platform’s capabilities into other areas of the business.

The Datricks platform ensures we have an accurate view of our financial state—whether for balancing accounts receivable, identifying items to exclude due to rebilling, or other related tasks. It has provided us with unprecedented visibility into the auditing process.

Get a demo