Case Study: The Arnott's Group achieves faster cash reconciliation and close with GTreasury

The Arnott's Group cuts cash close time by 65% with GTreasury

The Arnott's Group, a major Australian food company, faced significant treasury challenges after separating from its parent company. Its manual, Excel-based processes and fragmented systems led to poor cash visibility and time-consuming reconciliations. To address this, The Arnott's Group partnered with GTreasury (now Ripple Treasury) to implement a modern treasury platform, including Liquidity Management and Risk Management solutions.

By implementing GTreasury's solutions, The Arnott's Group automated its debt payments and integrated seamlessly with SAP. This resulted in a 30% faster daily cash reconciliation, a 65% reduction in cash close time, and a 3-5 day acceleration of its monthly close cycles. The vendor's platform provided the real-time visibility and automated workflows needed to build a scalable, data-driven treasury function.

The Arnott's Group