Velcro

Kunden / 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.

Case Study

Unternehmensübersicht

Velcro Companies invented hook and loop and created a new category of fasteners that is changing the world every day.

Hauptsitz

Manchester, New Hampshire, United States

Mitarbeiter

1.000-5.000

Kundenwebseite

https://www.velcro.com/

Challenge

Cash Visibility
Manual and Siloed Processes
Fragmented Forecasting

Solution

Coupa Treasury

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

"Coupa Treasury has provided Velcro Companies with 100% visibility and control of cash 24/7 – at a critical time during the COVID-19 pandemic."

Marielle Bonani, Senior Treasury Manager, Velcro USA Inc.

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