Case Study: Bilfinger achieves unified global payments and greater transparency with Coupa Treasury

Bilfinger cuts bank fees 15% and processing costs 30% with Coupa Software

Bilfinger, a European industrial construction, engineering, and services company, faced a significant challenge with over 20 separate e-banking and treasury systems. This fragmentation led to complex data reconciliation and a lack of transparency, visibility, and security across its global operations. To consolidate these processes, Bilfinger turned to Coupa Software and implemented its Coupa Treasury solution.

By deploying Coupa Treasury's integrated, multi-bank, and multi-country payments platform, Bilfinger achieved a unified system. The results were substantial, including a 15% reduction in bank fees and a 30% decrease in processing costs. Administrative efforts for account maintenance were cut in half, and the company achieved a 100% increase in transparency and security. Coupa provided the framework for Bilfinger to streamline its global financial operations effectively.

Bilfinger