How a Global Manufacturer Cut Settlement Time by 80%

The Challenge

Industrial Solutions Inc. manages a complex supply chain spanning 12 countries across Asia, Europe, and the Americas. Their finance team was spending 40+ hours per week tracking wire transfers, reconciling FX rates across multiple banking relationships, and chasing confirmations from correspondent banks.

The Solution

By consolidating cross-border payments through Treasury Technologies, their treasury team gained real-time visibility into every transaction. The platform's transparent FX rates eliminated the need to shop across banks, and automated status tracking freed up their team for strategic work.

The Results

• 80% reduction in settlement time (5 days to under 24 hours)
• 60% reduction in FX fees through competitive rates
• 40+ hours per week saved on payment tracking
• Single dashboard for all 12 countries