Case Study: SEEK achieves scalable global treasury visibility and secure bank account management with ION Treasury's Reval and IBAM

Transforming global cash management operations with ION Treasury

Seek, an Australian company that has grown into a global employment and education group with a market cap above 7 billion AUD, faced rapidly increasing treasury complexity as it expanded beyond Australia and New Zealand. What had been managed with part‑time resources and spreadsheets no longer scaled, so Seek engaged ION to deliver a robust, scalable treasury solution using ION’s Reval platform and later ION Bank Account Management (IBAM).

ION implemented Reval to provide visibility across more than 300 global accounts (about three‑quarters issuing daily bank statements) with dashboards for cash, risk and hedge accounting, and then added IBAM for role‑based security, bank fee analysis, signing‑limit controls and live interfacing with Reval. As a result, Seek achieved real‑time visibility and control of daily cash operations, stronger signatory governance, streamlined bank communications, and measurable consolidation of 300 accounts into an automated, scalable treasury process.

Seek