Case Study: Large Credit Fund Investment Company achieves over $500K in annual savings with Hazeltree Cash Manager

Large Credit Fund Investment Company - Customer Case Study

Large Credit Fund Investment Company, a $54 billion credit fund with 12 banking and broker relationships and about 50 cash wires per day, was relying on a paper-based payment process and an inefficient third-party reconciliation tool. The treasury team had to print and route payment orders for multiple approvals, then enter wire instructions manually across bank portals, creating operational risk, heavy administrative burden, and investor concerns. Hazeltree Cash Manager was used to modernize the firm’s cash and payment management.

Hazeltree implemented Hazeltree Cash Manager with automated workflow, electronic signatories, SWIFT-based wire processing, audit trails, and integrated reconciliation to replace manual cash and transaction balancing. The solution eliminated paper-based transactions, improved security and control, and freed up 1 FTE from treasury plus another 0.5 FTE from reconciliation work, delivering estimated annual savings of over $500,000. The firm described the project as self-funding in year one, with ongoing scalability and lower operational and cybersecurity risk.