Bilfinger
Customers / Bilfinger
Industry
Bilfinger Taps Coupa Treasury for Single-System Group-wide Payments
Bilfinger needed a new system to consolidate a highly fragmented e-banking system, to achieve group-wide visibility and transparency and to establish secure standards for the entire group. Coupa Treasury’s integrated, multi-bank, multi-country payments solution promised to meet requirements with one seamless system.
Company Overview
Bilfinger SE is a European company specialized in civil and industrial construction, engineering and services.
Headquarters
Mannheim, Germany
Employees
25,000-50,000
Customer Website
Value as a Service
15%
Bank Fee Reduction
30%
Reduction in Processing Costs
100%
Increase in Transparency, Visibility and Security
Challenge
20+ separate systems for e-banking and treasury
Complex data reconciliation
Lack of transparency, visibility and security
Solution
Result
50% less administrative efforts for account maintenance
100% satisfaction with implementation
Framework for additional projects, such as payments on behalf of (POBO)
