Case Study: Subway achieves 98% cash visibility and 90% payments automation with GTreasury

Subway - Customer Case Study

Subway, a global quick-service restaurant brand with nearly 37,000 locations, faced a complex, manual treasury operation supporting thousands of franchisees and weekly royalty/advertising collections across roughly 70 banks and hundreds of accounts. To modernize visibility and scalability, Subway selected GTreasury and its unified treasury platform — including cash management, forecasting, payments, bank connectivity, and risk modules — to replace binder-based bank logins and manual signature processes.

GTreasury implemented a cloud-based, ERP-integrated solution (API-driven straight-through processing and a payments factory) that automated payments and receivables, consolidated bank relationships, and enabled daily reconciliation. As a result, Subway achieved 98% cash visibility, automated 90% of payments, reduced its banking footprint from ~450 accounts/70 banks to ~350 accounts/30 banks, processed 100,000+ automated external transactions every six months (and 26,000 direct debits monthly), and freed treasury resources for strategic work — all delivered through GTreasury’s platform.

Subway

Mike Vienneau

VP of Treasury