Case Study: Peak Toolworks achieves faster, more accurate cash forecasting and automated daily cash reporting with GTreasury

Peak Toolworks - Customer Case Study

Peak Toolworks, a North American saw blade and cutting‑tools manufacturer, relied on an entirely manual, Excel‑based process to produce a 13‑week cash forecast and daily cash flash across 30+ entities. The old workflow required reconciling bank statements and rolling spreadsheets each week—consuming up to five hours of staff time, delaying forecasts until the fourth business day, and creating risk of human error—so CFO Ben Stilwell sought a cloud solution from GTreasury to simplify and automate cash forecasting and reconciliation.

GTreasury implemented its Cash Forecasting platform to centralize bank connectivity, automate daily data collection and classification, and provide multi‑entity consolidation and variance analysis. The result: forecast creation time dropped from five hours to about one hour (winning back roughly four hours weekly), forecasts are completed by the first business day instead of the fourth, the daily cash flash is fully automated, and management gains more accurate, granular visibility for liquidity decisions and investor reporting.

Peak Toolworks

Ben Stilwell

Chief Financial Office