Case Study: Large Hospitality Company achieves better cash visibility and positioning with Bottomline TreasuryXpress

A Large Hospitality Company Improves Cash Visibility and Positioning with TreasuryXpress

A Large Hospitality Company, a large enterprise in the hospitality services industry, was struggling with treasury management due to manually compiling large volumes of bank statements and a lack of automated integration with ERP and other third-party systems. To address these challenges, the company evaluated Bottomline’s TreasuryXpress solution for better cash visibility, bank connectivity, and treasury automation.

Bottomline implemented TreasuryXpress to centralize multiple banks on one platform and automate payments, forecasting, and data sharing. The results included more than 75% improvement across cash visibility and positioning, payment processing and security, liquidity management, reporting, and reconciliation, with 100% bank connectivity achieved in 6–12 weeks, helping improve team efficiency and productivity.