Case Study: Hitachi Metals America achieves streamlined global payments and lower FX costs with GTreasury

Hitachi Metals America cuts payments implementation to 4 weeks with GTreasury

Hitachi Metals America, a subsidiary of Hitachi Metals Ltd., faced challenges with inefficient and costly treasury operations, including managing multiple portals for foreign-exchange trades and lacking a streamlined payment process. Seeking to increase cash visibility and reduce costs, the company partnered with vendor GTreasury and implemented its Ripple Treasury platform to consolidate and automate its financial operations.

GTreasury, in partnership with Goldman Sachs Transaction Banking, delivered a tailored solution that integrated FX payments directly into the Ripple Treasury platform. This eliminated the need for multiple systems and provided Hitachi Metals America with more competitive FX spreads. The implementation was completed in just four weeks, resulting in streamlined global payments, lower transaction costs, enhanced operational control, and a significant reduction in overall complexity.

Hitachi Metals America