Case Study: Dechra centralizes intercompany treasury operations with GTreasury

Dechra delivers intercompany netting in 3 months with GTreasury

Dechra, an international veterinary pharmaceutical company, faced significant treasury challenges as rapid growth through acquisitions expanded its operations to 36 business units across over 50 countries. Without centralized control, the company grappled with managing high volumes of multi-currency intercompany transactions, leading to increased bank and FX costs, complex reporting, and inefficient manual processes. To address this, Dechra turned to GTreasury, leveraging its Ripple Treasury intercompany netting system.

Implemented over three months, GTreasury's SaaS solution centralized and automated Dechra's intercompany processes. This provided the treasury team with enhanced visibility, accurate invoice reconciliation, and simplified settlements. The results included reduced costs, greater accuracy in hedge transactions, and minimized manual intervention. This allowed Dechra's small treasury staff to focus on strategic cash and FX management, while the scalable GTreasury system positioned the company for continued global growth.

Dechra