Case Study

Prime Treasury – From Zero to Hero

Prime Treasury – From Zero to Hero

© 2021 Coupa Software. All rights reserved. CUSTOMER STORY Prime Treasury – From Zero to Hero Based in London, the United Kingdom, Primetals Technologies is a world leader in metallurgical plant solutions and specializes in steel engineering. The company was formed in 2015 as a joint venture of Mitsubishi Heavy Industries and Partners and now has over 60 locations with 40 entities in 20 countries. Thanks to its investment with Coupa Treasury, Primetals Technologies was able to implement its in-house bank strategy and add value in multiple areas including bank independence, interest optimization, intercompany clearing and netting and centralized foreign exchange (FX) trading. When the joint venture was announced in 2014, the future Primetals Technologies was faced with building

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