Case Study: Treasury Wine Estates achieves daily cash visibility, optimized liquidity and 30–40% cost savings with Reval

How Australia’s Treasury Wine Estates (TWE) recently upgraded its treasury system to optimize global treasury operations

Treasury Wine Estates (TWE), the global wine group behind brands like Penfolds and Beringer (≈US$3.5bn market cap, ~3,000 employees), faced an expiring treasury system that needed replacement to support financing and banking across about 15 countries. The company sought a cloud solution that would automate treasury processes, improve cash visibility and liquidity management, streamline payments, and add value for finance teams without large IT or compliance overhead.

TWE chose Reval’s cloud treasury management system, ran a 12‑period parallel and dedicated internal resources to consolidate two legacy systems into one. The implementation delivered daily cash‑by‑bank reports, end‑to‑end payments and automated statement offload, stronger approval controls and 30–40% cost savings — freeing the treasury team to focus on strategic, value‑add activities.

Treasury Wine Estates

Bijan Taghian

Treasury Wine Estates