Case Study: Innospec achieves accurate, real-time global cash visibility and faster forecasting with GTreasury

Innospec - Customer Case Study

Innospec, a global specialty chemicals company operating in 24 locations, tasked Group Treasurer Andy Hawes with implementing a group-wide cash forecasting process. An initial Excel-based approach proved slow, error-prone and unable to handle intercompany transactions or provide clear bank account visibility, so Innospec sought a cloud solution and selected GTreasury Cash Forecasting to replace manual spreadsheets and improve data resilience.

GTreasury implemented its Cash Forecasting platform with automated daily bank reporting, intelligent mapping and an Excel-like interface for fast user adoption across the group. The solution delivered 100% group-wide reporting, real-time visibility of balances and transactions, embedded variance analysis and FX exposure insights—reducing forecasting effort by days, improving accuracy and timeliness, and giving senior management confidence in the forecasts.

Innospec

Andy Hawes

Group Treasurer