Case Study

A Textbook Example of Treasury Automation with ManpowerGroup

A Textbook Example of Treasury Automation with ManpowerGroup

Pages 5 Pages

ManpowerGroup, a Fortune 500 staffing leader with $21 billion in annual revenue and operations in over 75 countries, faced major treasury challenges with just a three-person global team managing $1.5 billion in daily liquidity. Manual processes, reliance on Excel, and limited visibility across 150+ banks and 1,200 accounts made forecasting and cash pooling difficult. In 2019, the company implemented a new treasury technology stack with GTreasury for forecasting, Oracle ERP, and TIS as its payment hub. This transformation improved daily cash visibility from under 25% to around 70%, automated payments, strengthened compliance, streamlined reporting, and delivered full ROI within two years.

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