Case Study: Pioneer Natural Resources achieves streamlined cash management, a 3‑FTE reduction and ERP integration with GTreasury

How Pioneer got the best of both worlds

Pioneer Natural Resources, a Fortune 500 independent oil and gas exploration and production company headquartered in Irving, Texas, faced a treasury technology challenge when a new ERP implementation threatened to replace its existing TMS. Pioneer’s seven-person treasury team, which had moved from spreadsheets and multiple bank portals to GTreasury’s TMS after an RFP, found the ERP’s cash module lacked critical functionality for reporting, cash positioning, bank fee analysis and transaction rules.

Rather than replace the TMS, Pioneer and consultants worked with GTreasury’s back office to integrate GTreasury with the new ERP—building a test environment, data file and adjusted bank transaction rules—and completed the integration within a 90-day window. The decision to keep and integrate GTreasury preserved key capabilities, cut cash management headcount from four people to one (reducing FTEs by three), redeployed staff to strategic tasks like Joint Interest Billing, and delivered reliable performance and responsive support.

Pioneer Natural Resources

Paul Banks

Treasury Manager