Case Study: Bilfinger (leading industrial services provider) achieves consolidated, secure group‑wide payments and major cost savings with Coupa Software (Coupa Treasury)

1-System Solution for Group-wide Payments

Bilfinger is a leading international industrial services provider with roughly 36,000 employees and operations across Europe, North America and the Middle East. A group-wide restructuring exposed a highly fragmented treasury and e-banking landscape—more than 20 separate systems—causing complex reconciliation, limited visibility and inconsistent security standards. The company needed a single, secure solution to consolidate payments, achieve group-wide transparency and standardize processes.

Bilfinger implemented Coupa Treasury’s integrated, multi-bank, multi-country payments solution, including a SWIFT BIC connection, standardized ISO payment formats, automated straight‑through processing and centralized master-data and user-permission controls. The roll-out replaced 20+ systems, cut bank fees by ~15%, reduced processing costs by ~30%, halved administrative account-maintenance effort, doubled visibility/security and delivered full satisfaction with the implementation, while creating a framework for future projects (e.g., payments on behalf of).

Bilfinger

Martin Engelhardt

Head of Cash Management/ Risk Control