Case Study: Newell Brands achieves 95% cash visibility and $25M+ annual FX-loss reduction with Kyriba

Modernizing Treasury Reducing Risk and Increasing Margins through Automation

Newell Brands, a $16B consumer goods company formed after Newell Rubbermaid’s 2016 acquisition of Jarden, faced a fragmented, manual treasury environment with limited global cash visibility. Daily cash positions were maintained in spreadsheets and took two people over 20 hours per week, global reporting was monthly, and process inefficiencies left the company exposed to large FX losses and without a comprehensive balance-sheet hedging program.

Newell implemented a cloud-based treasury management system (Kyriba), a currency analytics platform (FiREapps) and integrated FX trading (FXall), consolidating data from 38 legacy ERPs across 25 business units. The automation boosted cash visibility to 95%, grew the balance-sheet hedging program from $800M to $2B, cut FX transaction net losses dramatically (from $90M over 2013–2015 to $2M in 2016), and delivered $1.3M in trading savings plus $120K in annual technology cost reductions while freeing treasury staff for higher-value work.

Newell Brands

Amit Singh

SVP and Treasurer