Case Study: MedcoEnergi achieves more accurate cash forecasting with Ripple Treasury powered by GTreasury

MedcoEnergi saves 50+ overtime hours monthly with Ripple Treasury

MedcoEnergi, an Indonesia-based energy company, faced significant challenges in managing its complex, multi-country treasury operations. Their manual, spreadsheet-based cash forecasting process was time-consuming and struggled to scale across more than 25 banks and 250 accounts, particularly with complex regulatory requirements like Indonesia's mandatory export revenue retention. To address this, they partnered with Ripple Treasury to implement an automated cash forecasting solution.

Ripple Treasury implemented a phased solution that automated cash flow forecasting and the specific regulatory calculations. This new system integrated with the company's most critical bank accounts, updating the cash forecast daily without a full, immediate rollout. The results were substantial, saving the treasury team over 50 overtime hours per month. This automation provided faster, more accurate reporting and gave MedcoEnergi the confidence to scale its treasury operations efficiently as the business continues to grow.

MedcoEnergi