How Suntory Global Spirits automates its European treasury center
Founded
1899
Headquarters
New York
Industry
Beverages
Operations
International
Revenues
5.5 billion euros
Unification of treasury centers management in the USA and Europe.
Key challenges:
- Facilitating the global financial integration that used to take place across several local companies and two treasury centers
- Increasing creditworthiness through intercompany loan and payment management
- Eliminate dependence on traditional tools such as Excel and streamline processes within the finance department.
Our treasury center automation solution
Suntory Global Spirits, after starting the project with Kyriba USA, chose from the European treasury headquarters in Madrid, to carry out all projects with All CMS consultants.
- Cash Management & IHB Module: Daily and automatic position reporting for real-time cash management and forecasting. Cost savings through an In-House-Bank.
- Cash Accounting Module:
Automation of the accounting process and unification of accounting. - Payment Management Module: Generation of payment files and implementation of signature flows for payment approval (Swift, Ebics, FTP).
Do you want to unify your international financial processes thanks to automation?
By automating their treasury centers, global companies like Suntory Global Spirit, eliminate errors, gain accuracy and agility in decision making and intercompany actions.
Suntory Global Spirits’ management wanted to unify information, improve intercompany synergies and maintain the integrity of financial data. Therefore, the All CMS team implemented a treasury management system (TMS) and automated its treasury center in Madrid.
Download the Suntory Global Spirits case study
Forget manual tasks, and discover how to automate your treasury management and optimise your finance team’s time.