Archcroma

Cash Forecast offers value for money and is easy to use also for others than the Treasury department

About client

Archroma is a global color and specialty chemicals company headquartered in Reinach, Switzerland. Founded in 2013, the company operates with 3000 employees over 35 countries with 24 production sites. Committed to innovation, world-class quality standards, high service levels, cost-efficiency and sustainability, Archroma delivers specialized performance and color solutions to meet customers’ needs in their local markets.

Challenge

Archcroma was previously using Excel spreadsheets to keep track and manage cash flows, which was a time consuming and highly complex weekly consolidation excersise.

Solution

The transition from Excel spreadsheets to CashForecast was painless as we offer an easy upload interface for forecast and bank data from other systems, which means "no IT resources required".

Archcroma ditched Excel and started using Cashforecast

 

Archroma was previously using Excel spreadsheets to keep track of and manage cash flows, which was a time consuming and highly complex weekly consolidation exercise. In 2014, the company bid farewell to spreadsheets and moved to our cash forecasting solution. As stated by Archroma’s Head of Treasury, Bas Coolen, the transition was painless as we offer an easy upload interface for forecast and bank data from other systems, which means “no IT resources required!”

We, as regarded by Archroma, offers value for money and is easy to use also for those outside of the Treasury department. The solution supports smooth switching between different views, such as global, regional and entity views, or timelines and currencies.

"For all the reasons above, Archroma’s Treasury team would recommend tsis company particularly for SME multinationals as an easy, comprehensive and affordable way of cash management."

 
Bas Coolen, Head of Treasury at Archcroma.

"Archroma’s Treasury team would recommend this company particularly for SME multinationals as an easy, comprehensive and affordable way of cash management."

Bas Coolen
Head of Treasury at Archcroma

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