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Case Studies

UK - Oil industry

The company was using a first-generation treasury management system. Although the system was adequate in its current environment, the profile of the company was changing rapidly and more demands were being placed on treasury that required greater flexibility and the ability to add value to the business.

Solution: After a thorough evaluation of current and perceived future treasury needs, a requirements definition was carefully prepared paying particular attention to the needs of treasury's role within an expanding organisation. The opportunity for treasury to add value to the business was achieved through the selected treasury management system's ability to improve cash forecasting, and therefore enhance cash management operations, and provide enhanced and reliable risk profiling enabling more effective risk management.