Case Study: Hitachi Metals America achieves streamlined, lower-cost payments with GTreasury

Hitachi Metals America Leveraged GTreasury and Goldman Sachs to Streamline and Save on Payments

Hitachi Metals America, Ltd. engaged GTreasury as part of a company-wide automation and cost-reduction initiative, deploying the GTreasury SaaS cash management and payments platform across its U.S. entities. The treasury team sought to increase cash visibility, automate GL posting and consolidate payments after facing fragmented multi-portal FX execution, higher FX spreads, frequent reconciliations, errors and complex approval processes that drove up costs and operational risk.

Working with GTreasury (in partnership with Goldman Sachs Transaction Banking), HMA implemented GTreasury’s payments module—rolling it out to six additional U.S. legal entities in a four-week project—so all U.S. payments flow through a single platform. The result: lower overall costs from competitive FX spreads and eliminated transaction fees, streamlined payment processing, improved central treasury visibility and tracking, and measurable savings that freed the treasury team to focus on strategic priorities.

Hitachi Metals America

Brian Montonati

Treasury Manager