Case Study: Interpublic Group of Companies (IPG) achieves real-time global cash visibility with OpenText SWIFT Service Bureau and B2B Managed Services

IPG Partners Reduce Reporting Costs with OpenText™ SWIFT Service Bureau

Interpublic Group (IPG), a global marketing company with operations in more than 100 countries and nearly 50,000 employees, needed a clearer, near‑real‑time view of cash balances across numerous banks and jurisdictions. Relying on SWIFT messaging alone left gaps in visibility into payments, statements and individual message delivery, hampering timely financial decision‑making.

IPG implemented OpenText SWIFT Service Bureau and OpenText B2B Managed Services alongside its Wall Street Systems treasury workstation, using a phased rollout to onboard 150+ bank branches. The solution provided a single, standardized connection to all banks, end‑to‑end file visibility, immediate reporting and transaction notifications — delivering fast, accurate global cash visibility, lower reporting costs and a single point of contact for banking connectivity.

IPG

Lisa Tana

Director of Global Treasury Operations