Case Study: Subway achieves 98% cash visibility and 90% payment automation with GTreasury

Subway achieves 98% cash visibility with GTreasury

Subway, a global quick-service restaurant brand with nearly 37,000 franchise locations, faced significant complexity in its treasury operations. With over 400 bank accounts across 70 banks, its processes for drafting franchisees and making payments were largely manual. Subway partnered with GTreasury to implement its modern treasury management system and achieve its goals of visibility, automation, and efficiency.

GTreasury provided a unified platform for cash management, payments, and extensive bank connectivity. The solution enabled Subway to automate 90% of its payments and achieve 98% cash visibility. By consolidating its banking network, Subway reduced accounts from 450 to 350 and banks from 70 to 30, resulting in significant savings. The platform now processes over 100,000 automated external transactions every six months and 26,000 direct debits monthly, transforming treasury operations.

Subway