Case Studies
A Textbook Example of Treasury Automation with ManpowerGroup
Overview
Analytics & Modeling - Predictive Analytics Application Infrastructure & Middleware - Data Exchange & Integration Functional Applications - Enterprise Resource Planning Systems (ERP) Functional Applications - Remote Monitoring & Control Systems | |
Professional Service Software | |
Business Operation | |
Cloud Planning, Design & Implementation Services Software Design & Engineering Services System Integration | |
Operational Impact
ManpowerGroup achieved significant improvements in daily cash visibility, increasing from less than 25% to approximately 70%, with further gains expected. | |
The automation of payment generation and processing functions freed up time for the treasury team and strengthened security and compliance controls. | |
The upgraded forecasting and liquidity management structure streamlined cash repatriation to the U.S. and minimized the issuance of new debt. | |
Quantitative Benefit
3x improvement in daily visibility to cash balances and bank accounts. | |
Achieved approximately 70% daily cash visibility across all banks and accounts. | |
Implementation costs of all three solutions were recouped within two years. | |