Case Study: Dechra Pharmaceuticals achieves greater control and transparency in intercompany flows with Coprocess

Dechra Pharmaceuticals - Customer Case Study

Dechra Pharmaceuticals, an international veterinary pharmaceutical company, was growing rapidly through acquisitions, expanding from 16 to 36 business units and more than doubling revenue. As the business became more complex, it lacked formal treasury operations, intercompany netting, cash pooling, and consistent intercompany loan reporting, making cash management, FX exposure, and reconciliation increasingly difficult. To address this, Dechra turned to Coprocess and its intercompany netting software.

Coprocess implemented a group-wide intercompany netting system and supported a notional cash pool in Europe, giving Dechra centralized control over intercompany flows, improved invoice-level reconciliation, and greater visibility into cash, FX, and settlement positions. Delivered in about three months, the Coprocess solution reduced costs, simplified settlement, improved payment and FX control, and enabled accurate reporting with minimal manual work from the treasury team, while also supporting future growth and changing group structures.

Dechra Pharmaceuticals