Standardizing treasury processes for increased efficiency

Company: Rieter
Industry: Textiles machinery
Headquarters: Winterthur, Switzerland
Employees: approx. 4,400
Solutions: [ARS] [EFT] [Hybrid Service Bureau]
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Rieter has more than 30 subsidiaries worldwide, partners with a large number of banks, and maintains numerous bank accounts. In order to boost business efficiency and cut costs, the company wanted to optimize its treasury department technology, standardize processes, and centralize treasury data.