Case Study: Biesterfeld Group achieves complete control of its global cash flow with Coupa Software's Treasury Management

A Centralized Treasury System Puts Biesterfeld in Complete Control of its Global Cash Flow

Biesterfeld, a family‑owned distributor of plastics, specialty chemicals and rubber with subsidiaries in more than 50 countries and customers in over 120, faced fragmented global cash management. A decentralized treasury—about 75 banks, roughly 600 accounts and multiple disconnected systems—left the finance team visibility into only two subsidiaries, created time‑consuming reconciliation work, and drove up banking costs.

To fix this, Biesterfeld deployed Coupa Treasury Management to centralize accounts and processes on a single platform. The consolidation improved cash and supplier visibility by 95%, reduced banking groups by 70%, automated transactions and EMR processing (saving the treasury team over three hours a day), and simplified fraud prevention and reporting for faster, data‑driven decisions.

Biesterfeld Group

Marie Tack

Head of Group Treasury