Velcro
Customers / Velcro
Industry
Velcro achieves 100% global cash visibility with Coupa
Velcro Companies wasn’t realizing the full benefits of an initial treasury management system (TMS), so it fastened its efforts to Coupa Treasury in order to centralize cash management and implement global cash forecasting.
Company Overview
Velcro Companies invented hook and loop and created a new category of fasteners that is changing the world every day.
Headquarters
Manchester, New Hampshire, United States
Employees
1,000-5,000
Customer Website
Challenge
- Cash Visibility
- Manual and Siloed Processes
- Fragmented Forecasting
Solution
Result
- 100% Global Cash Visibility
- Centralized Cash Management Within Seven Months
- Faster, More Accurate Forecasting
- Global Debt Reduction
- Greater Return on Investment in Existing Treasury Technology
