Case Study: Bodycote transforms cash visibility and liquidity management with Coupa Treasury

Bodycote centralizes 200 bank accounts with Coupa

Bodycote, a global provider of heat treatment services, faced a significant challenge with fragmented cash data across multiple banking portals. Manual processes slowed payments and a lack of real-time visibility hindered global liquidity management, consuming considerable finance capacity. They turned to Coupa, implementing Coupa Treasury to address these issues.

The solution from Coupa centralized management of approximately 200 bank accounts across nearly 100 entities. This provided real-time cash visibility, automated payment and FX settlement workflows, and integrated with their AP for better forecasting. As a result, Bodycote achieved streamlined operations and proactive liquidity management, with the project's success being internally recognized with the Bodycote CFO Award.

Bodycote