Cooperative Energy Installs GTreasury Solution to Track All Debt Financing, Manage Cash Flow, and Deliver Savings to Its Customers
With a lean treasury department, Cooperative Energy selected GTreasury’s install solution to assist their organization in automating treasury operations, increase accuracy, and more. The company’s treasury department was first operating on Excel spreadsheets to manage its daily cash position, and they hoped that human error would not come into play with deleting a formula or incorrectly keying something in.
Allan Myers builds a better treasury system
The three-man treasury team at Allan Myers describe how the US construction company automated its treasury system when the original in-house built system strained to keep up with a growing workload.The company’s treasury operation was experiencing operational stress from its dependence on an inefficient cash positioning and reporting solution. GTreasury now provides efficient support, generates enhanced reporting, streamlines processing and improves control and security.
Time to Change: CHOA Migrates to a Treasury Workstation
In response to increasing needs for enhanced visibility and control of treasury risk, Children’s Healthcare of Atlanta (CHOA)’s treasury team made the decision to migrate from spreadsheets to a treasury workstation. In this exclusive interview with AFP, Selwyn A. Carter, MBA, corporate treasury manager for CHOA, explains how the project was conceived and organized, as well as the range of benefits now being achieved.
Richardson Electronics’ Global Cash Management Project
Richardson Electronics selected GTreasury as their treasury workstation provider. Richardson liked the fact that the company is relatively small, with a reputation for listening and adapting. This was proved by their ability to develop new facets to the solution as the project progressed. Other plus points included the vendor’s client list, and especially the fact that they had implemented a payments factory for General Electric (GE)
CUNA Mutual Group’s Cash Management & Liquidity Project
CUNA Mutual Group partnered with GTreasury to develop a completely unique, PCI compliant centralized “Payment Hub” treasury system. The GTreasury payment hub is a first of its kind payment system that can accommodate all the unique requirements of; internal interfacing, financial institution funds transfers and notifications, centralized controls, audit compliance, and front end staff enabling.
GTreasury Forecasts More Universities to Join Treasury Automation
Today treasury workstations have become a more strategic tool in treasury departments. These tools are so relevant now, universities are starting to teach classes dedicated to learning about treasury management and how to best use treasury technology.
Automating Cash Management at the State of Alaksa
Hard working treasury professionals may possibly feel a touch of envy when contemplating the concept of cash and treasury management operations in Alaska. Certainly the 49th US state’s treasury department, based in the city of Juneau, enjoys one of the most beautiful business environments imaginable.
GTreasury Helps GE Win 2012 SWIFT Implementation of the Year
Learn how GE solved the problem of accessing and retaining bank account statement information for 14,000 accounts, across more than 100 banking relationships and 98 countries. Through GTreasury’s customizations of GE’s workstation, GE is now able to retrieve, process.
GTreasury Insures Insurance Industry
The treasury departments of insurance companies run like most other treasury operations; money comes in and money goes out, but it’s the volume of transactions and the complexity of the legal structures that separates the insurance industry from most others.
PharmaNet Uses GTreasury to Automate its Global Banking and Cash Management Functions
Excel is the single corporate finance tool that nearly every company of any size uses, many for core financial operations. In treasury, it is a common tool for forecasting cash and determining the organization’s daily cash position.
GTreasury Helps Love’s Country Stores Improve Treasury Operations with Minimal Staff Growth
When a company grows, its employee base generally grows with it, on both the operations and administrative sides of the business. In the case of the treasury department of Love’s Travel Stops & Country Store, the business has grown tremendously, while treasury head count has only increased by one person.