Case Study: Linamar achieves rapid treasury consolidation and improved working capital with ION Treasury

Solution delivered in just nine months and all during major acquisition

Linamar faced a legacy, disjointed treasury operation with dozens of bank accounts across 17 countries and the added complexity of a billion‑plus acquisition of MacDon Industries. The company needed to rationalise accounts, overhaul cash and risk management and improve working capital; the project leveraged the Reval treasury management system with support from vendor ION.

ION helped Linamar consolidate treasury onto the Reval platform, reporting 92% of bank accounts into the TMS, closing superfluous accounts and completing about 95% of the planned implementation in nine months during the acquisition. The change enabled daily management of CA$250m in 16+ currencies, increased automation and straight‑through processing, reduced costs and operational risk, and materially improved cash forecasting, liquidity planning and working capital.

Linamar

Dageria Morgan

Manager of Treasury