Case Study: Fever scales global treasury and payments with Embat

Fever opens accounts in 72 hours and centralizes global treasury with Embat

Fever, a global live entertainment platform operating in over 50 countries, faced the challenge of managing its rapidly scaling financial infrastructure with inefficient manual processes. Their treasury team previously had to check cash positions bank-by-bank and consolidate data in spreadsheets, a time-consuming operation that was not scalable. They partnered with Embat to automate their treasury and payment operations.

Embat implemented its treasury management solution, which uses automation and artificial intelligence to provide real-time visibility. This allowed Fever to consolidate its global bank data in minutes instead of hours or days. Additionally, Embat enabled Fever to open new bank accounts in 72 hours instead of weeks and execute payments with full traceability. The results included a significant reduction in manual tasks, allowing the finance team to focus on strategic decision-making.

Fever