PharmaNet Automates Their Global Banking and Cash Management Functions with GTreasury


Excel is the single corporate finance tool that nearly every company of any size uses, many for core financial operations. In treasury, it is a common tool for forecasting cash and determining the organization’s daily cash position.

Highlights:

  • Spend 37% less on systems per $100,000 of annual revenue
  • Reconcile 49% more bank accounts per ―cash management‖ FTE
  • Manage all cash flow operations and bank accounts on behalf of all of the firm’s offices and locations around the world.

PharmaNet automates their global banking and cash management functions

Excel is the single corporate finance tool that nearly every company of any size uses, many for core financial operations. In treasury, it is a common tool for forecasting cash and determining the organization’s daily cash position.

Highlights:

  • Spend 37% less on systems per $100,000 of annual revenue
  • Reconcile 49% more bank accounts per ―cash management‖ FTE
  • Manage all cash flow operations and bank accounts on behalf of all of the firm’s offices and locations around the world.

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"GTreasury allows all users to view and share the same critical data in real time. Information on all business units, currencies, and banks is consolidated for quick information gathering and sharing, supporting decision making and working capital management."

Lillian Burke, Corporate Treasurer, PharmaNet

"GTreasury allows all users to view and share the same critical data in real time. Information on all business units, currencies, and banks is consolidated for quick information gathering and sharing, supporting decision making and working capital management."

Lillian Burke, Corporate Treasurer, PharmaNet