Case Study: NorgesGruppen achieves greater resilience and cash visibility with ION Cloud from ION Treasury

Harnessing the power of the ION Cloud to mitigate the impact of COVID-19

NorgesGruppen, a leading grocer and food retailer in Norway, sought to protect its workforce and maintain seamless business operations during the COVID-19 pandemic. To navigate this disruption and mitigate its impact, the company turned to ION Treasury for a solution, leveraging the capabilities of the ION Cloud.

The ION Cloud solution provided by ION Treasury delivered significant benefits, including an average savings of 10–30 percent on total cost of ownership by offloading infrastructure management. This freed up internal teams to focus on higher-value work. The cloud platform also provided greater visibility for liquidity monitoring and cash management, and it scaled effectively to handle a rapid increase in remote workers. This allowed NorgesGruppen to enhance its business performance and respond to new market pressures with greater agility.

NorgesGruppen