Case Study: Perstorp (global specialty chemicals leader) achieves full month-end intercompany reconciliation and faster close with GTreasury

Full Month End Reconciliation of Balance Accounts using Coprocess

Perstorp, a global specialty chemicals group operating 10 production sites and present in 26 countries, needed to improve intercompany processes after a 2014 SAP rollout. The company sought better global routines for netting and reconciliation and chose GTreasury’s Coprocess Recon to gain tighter control of internal transactions and standardize month‑end reconciliation across its entities (Coprocess Recon was implemented at the end of 2015 across 27 companies).

GTreasury implemented Coprocess Recon with automated uploads and invoice‑level matching, online discussion and cleanup tools, confirmation of outstanding balances, and a tailored reconciliation subtotals report; the workflow enforces AR/AP cutoffs and a full month‑end close by the 3rd working day at 12:00 CET. As a result, Perstorp centralized reconciled data, shortened and stabilized the reconciliation cycle, and achieved a significantly smaller number of consolidation differences—making mismatches easier to identify and correct—while running the Recon module successfully for about two years.

Perstorp