Case Study: Kingfisher plc improves cash flow forecasting and treasury visibility with GTreasury

Kingfisher streamlines 13-week cash forecasting with GTreasury across 30 business units

Kingfisher plc, an international home improvement company, faced the challenge of collecting, consolidating, and reporting accurate group-wide cash flow data from its numerous business units to support funding, forecasting, and strategic planning. They implemented Ripple Treasury (formerly GTreasury) to serve as a centralized data warehouse for this actual and forecast cash flow information.

The solution from Ripple Treasury enabled 30 business units to submit regular cash flow forecasts, including a detailed 13-week daily forecast. This provided Kingfisher with significant time savings at head office, detailed group-wide cash visibility, and fast variance analysis. The implementation improved the accuracy of indirect cash flow forecasts and became a central part of the group's cash planning activities, as confirmed by their FP&A Manager.

Kingfisher plc