Case Study: Allan Myers improves cash visibility and treasury efficiency with GTreasury

Allan Myers streamlines 3,500 monthly cheque clearings with GTreasury

Allan Myers, a Pennsylvania-based construction company, faced operational stress in its treasury department due to an inefficient cash positioning and reporting solution that relied on manual Excel spreadsheets and an Access97 database. This outdated system required hours of daily effort to produce a reliable cash position and could not adequately handle the specific cash management demands of the construction industry. The company selected GTreasury's Ripple Treasury solution to automate its processes and enhance cash visibility.

The implementation of GTreasury's automated solution provided Allan Myers with a centralized data warehouse, streamlined reporting, and a one-stop platform for managing cash across multiple banks. The results included a dependable and timely daily cash position, minimized manual input, reduced risk of error, and improved control and security. The GTreasury system successfully eliminated the team's dependency on multiple bank portals and security tokens, allowing them to focus on more valuable tasks.

Allan Myers