Case Study: JOST achieves faster, automated cash forecasting with CashAnalytics

Jost - Customer Case Study

JOST Werke AG, a global leader in vehicle connection components, faced a significant challenge with its outdated, manual cash forecasting and bank reporting processes. These systems were slow, error-prone, and unable to scale, a problem exacerbated by the company's listing on the Frankfurt Stock Exchange. Seeking to achieve group-wide bank account visibility and implement a robust 13-week forecasting process, JOST engaged the services of CashAnalytics.

The solution from CashAnalytics automated daily cash reporting for over 80 bank accounts and established a streamlined weekly forecasting cycle. This implementation dramatically reduced the forecasting process from five days to just a couple of hours and provided the treasury team with clear visibility and powerful analytic tools. The result was high-quality, reliable reporting for management and a significantly improved, efficient process for daily cash and liquidity management across the global business.

Jost

Peter Fox

Head of Treasury