Case Study: Innospec improves cash forecasting and treasury visibility with GTreasury

Innospec boosts 100% group-wide reporting with GTreasury

Innospec, a global chemical company, faced significant challenges with its manual, Excel-based cash forecasting and liquidity planning process across 24 countries. The system was arduous, lacked visibility into intercompany transactions and cash positions, and could not keep up with growing security and data resilience requirements. Group Treasurer Andy Hawes sought a cloud-based solution and turned to GTreasury (referred to as Ripple Treasury in the case study) for its cash forecasting service to automate reporting, save time, and improve accuracy.

GTreasury implemented its cash forecasting solution, which automated bank reporting and data classification, providing real-time visibility into all balances and transactions. The system's intuitive, Excel-like interface ensured rapid user adoption across the company. As a result, Innospec gained a clear view of business performance, drastically reduced the time spent on forecasting, and improved accuracy. The CFO now trusts the forecasts, and the treasury team can efficiently manage FX risk and analyze variances, adding real value to the business.

Innospec