Case Study: Reiter Affiliated Companies Gains Global Cash Visibility with Trovata

Reiter Affiliated Companies saves 1 day per week with Trovata

Reiter Affiliated Companies (RAC), a large agricultural services provider, faced significant challenges in managing its global treasury operations with a lean team. Manual processes for consolidating cash data from numerous banks across multiple countries were time-consuming, prone to error, and created bottlenecks as other departments relied on treasury for reporting. To modernize its approach, RAC turned to vendor Trovata for its automated cash management platform.

By implementing Trovata, RAC gained 24/7 real-time visibility into all its global bank accounts and automated its reporting. The solution eliminated manual data downloads, saving the treasury team a full day of work each week and achieving 100% reporting accuracy. Trovata also provided self-service access for other departments, reducing bottlenecks, and is expected to cut costs by eliminating the need for expensive bank connections to other systems.

Reiter Affiliated Companies