Case Study: BearingPoint improves cash flow forecasting with GTreasury (Ripple Treasury)

BearingPoint improves cash visibility across 40 locations with GTreasury

BearingPoint, an independent Europe-based management and technology consultancy, faced challenges with its manual, Excel-based cash forecasting process. The decentralized system provided limited reporting capabilities and little visibility into cash positions across its global entities, making it difficult to determine optimal future liquidity needs. To overcome this, BearingPoint implemented GTreasury's Ripple Treasury platform to automate and harmonize its cash flow forecasting.

The solution provided by GTreasury automated data collection from key systems, delivered real-time cash visibility across all entities, and utilized machine learning for intelligent payment collection forecasting. This resulted in enhanced automation, greatly improved forecast accuracy, and increased transparency. The implementation saved BearingPoint's treasury team huge amounts of time, allowing them to focus on strategic analysis and reporting.

BearingPoint