Case Study: Primetals Technologies revamps treasury and financial operations with Coupa Treasury

Primetals Technologies builds a new treasury system in 6 weeks with Coupa

Primetals Technologies, a provider of plant equipment and services to the metals industry, faced the challenge of building a comprehensive treasury system from the ground up. They needed group-wide cash management, optimization of intercompany processes, and a reduction in banking complexity and risk. To address this, they turned to Coupa and implemented Coupa Treasury Management.

The solution provided a new treasury system built in just six weeks, featuring a good user experience that sped up adoption. By optimizing banking partners and liquidity, Primetals achieved estimated seven-figure interest gains. Furthermore, Coupa's AI analysis helps reduce fraud risk across the more than 200,000 payments the company analyzes annually.

Primetals Technologies