Case Study: Kingfisher achieves group-wide daily 13-week cash visibility and faster variance analysis with GTreasury Cash Forecasting

Why does Kingfisher use GTreasury Cash Forecasting

Kingfisher, an international home improvement company operating under banners such as B&Q and Screwfix, needed a reliable way to collect, consolidate and report actual and forecast cash flow across its multi‑country, multi‑currency business so Treasury and FP&A could support group‑wide funding, validate indirect forecasts and inform management reporting. To meet this challenge Kingfisher adopted GTreasury Cash Forecasting.

GTreasury consolidated monthly submissions from 30 business units across 19 groups into a standardized 13‑week daily forecast with intercompany tracking, multi‑currency consolidation and variance/accuracy reporting. The GTreasury solution delivered fast, detailed group‑wide cash visibility, significant head‑office time savings, quicker variance analysis and improved indirect forecast accuracy, enabling better funding decisions and strategic planning.

Kingfisher

Shaun Curtis

FP & A Manager