Case Study: Barratt Redrow manages £970 million in cash and doubles forecast horizon with GTreasury (Ripple Treasury)

Barratt Redrow doubles forecast horizon to 13 weeks with GTreasury

Barratt Redrow, the UK's largest housebuilder, faced significant operational risk from its manual treasury processes. The lean team relied on error-prone spreadsheets to manage nearly £1 billion in cash across 32 divisions, lacking a single source of truth and struggling with a limited 6-week cash flow forecast. Following a merger, the need for a robust treasury management system became critical. The company selected GTreasury, now known as Ripple Treasury, for its solution.

By implementing Ripple Treasury, Barratt Redrow centralized cash visibility and automated data aggregation from all its bank accounts. The solution provided future-proof connectivity via ISO 20022 and integrated money market trading. The results were substantial: the forecast horizon was doubled from 6 to 13 weeks, providing clearer insight for investment decisions, and the platform seamlessly scaled to support dozens of users after the merger, including a new middle-office payment team.

Barratt Redrow