Case Study: Tellabs achieves rapid automated FX reconciliation and improved hedge performance with GTreasury

Tellabs - Customer Case Study

Tellabs faced mounting pressure to explain volatility in its FX gain/loss line while contending with recent turnover, limited staff and a manual, time-consuming reconciliation process. To automate and speed this analysis, Tellabs adopted GTreasury’s Capella FX Reconcile-to-Zero (RTZ) functionality to replace spreadsheets, macros and ad hoc data mining.

GTreasury’s RTZ automated the construction of detailed and summary reports by importing general ledger data into Capella, delivering results in minutes instead of days and enabling a complete FX gain/loss analysis in about an hour. The solution eliminated recurring “fire drills,” improved SOX controls and management reporting, and shifted the treasury team from reactive data mining to proactive hedge-program improvements — saving considerable time and increasing transparency and cross-functional collaboration.

Tellabs

Blair Olexa

Treasurer, Tellabs