Customers / Primetals Technologies
Primetals Completely Revamps Financials with Coupa Treasury
Primetals leverages Coupa Treasury to gain visibility and flexibility, reduce risk, and simplify banking through building a comprehensive treasury system from the ground up.
Primetals Technologies provides metals producers with cutting-edge, custom-tailored plant equipment and services.
Value as a Service
New Treasury System Built
Weeks to Full Implementation
Payments Analyzed Yearly
Had to build a treasury system from scratch.
Needed group-wide cash management using POBO and ROBO models.
Intercompany clearing, financing, and FX trading needed optimizing.
Needed to reduce number of bank accounts and payment formats.
Good UX sped up adoption rates and optimized the post-merger integration process.
Interest gains from optimizing bank partners are estimated in the seven-figure range.
AI analysis reduces risk of fraud for more than 200,000 payments a year.