Case Study: Aiven achieves real-time global cash visibility and streamlined treasury with Atlar

Aiven scales treasury across 17 entities with Atlar

Aiven, a global cloud data and AI platform, faced significant challenges with its manual treasury processes. With operations spanning 17 entities, the finance team was burdened by logging into multiple bank portals for balance information, creating key-person dependencies and operational risk. To modernize its operations, Aiven turned to vendor Atlar for its Payments and Cash Management solutions.

By implementing Atlar, Aiven achieved a fast integration with its NetSuite ERP and multi-bank connectivity. The solution provided live cash visibility across all entities and centralized, error-free payments. This resulted in a significant reduction in manual tasks, a faster month-end close, and freed the finance team to focus on strategic planning instead of tactical work.

Aiven