Case Study: JOST achieves daily cash visibility and stronger liquidity forecasting with GTreasury

Jost streamlines treasury operations across 20 countries with GTreasury

JOST, a world-leading producer of safety-critical systems for the commercial vehicle industry, faced challenges in gaining consolidated daily cash visibility and managing a complex, multi-currency liquidity forecasting process across its 30 global business units. To address this, the company implemented GTreasury's Ripple Treasury solution to automate cash reporting and streamline its forecasting.

The GTreasury solution automated the daily ingestion and categorization of data from over 150 bank accounts, providing a real-time view of cash balances. It also enabled JOST to operationalize a rolling 12-month cash forecast by allowing controllers worldwide to update their projections directly in the system. This provided the treasury team with reliable, automated reporting for improved debt management, funding decisions, and cash concentration, eliminating manual consolidation effort and supporting over €1.26 billion in annual revenue.

Jost