Case Study: CEVA Logistics achieves 100% cash visibility and mobilizes $100M with GTreasury

CEVA Logistics - Customer Case Study

CEVA Logistics, a global freight management and contract logistics firm, faced critical cash visibility challenges across 1,100 bank accounts and 150 entities in multiple currencies, relying on error‑prone spreadsheets with no group‑level forecasting. To address these risks and free up liquidity, CEVA selected GTreasury and its GTreasury Cash Forecasting solution to automate forecasting and consolidate cash reporting.

GTreasury implemented a 13‑week rolling forecast and connected SWIFT feeds, delivering daily cash visibility across 40+ entities and 500 bank accounts, enabling CEVA to mobilize $100 million of idle cash to fund working capital and repay debt. GTreasury’s platform also reduced forecasting time, improved FX exposure management, centralized bank operations, and helped CEVA win the 2021 TMI award for Best Cash Visibility Solution.

CEVA Logistics

Davina

CEVA Logistics