No time spent on gathering information or handling transactions manually
Metso is the world’s leading industrial company in the mining and aggregates industries and in the flow control business. With presence in approximately 50 countries and over 90 service centers, Metso employs 14 000 people worldwide.
Metso was spending a lot of time on gathering information and handling transactions manually. Metsos's subsidiaries also needed support in identifying and hedging foreign currency exposures as soon as they arise.
Metso is using now our solution to control currency risks and minimising the amount of idle cash.
Value creation tool for treasury
We have helped Metso’s treasury to focus on value creation already for 14 years. In fact, the very first prototypes of our current treasury modules were built in Metso Treasury and since then, it has evolved into a leading best practice Business-to-Treasury solution.
"We do not need to spend time on gathering information or handling transactions manually."
Centralized control of FX risks
We support the subsidiaries in identifying and hedging foreign currency exposures as soon as they arise. It helps the group adhere to the hedging policy and provides a seamless audit trail for all transactions.
Putting money to work
"With global visibility on liquidity and future cash flows, we have been able to allocate cash where it is really needed. At the same time, we have cut idle cash remarkably throughout the group.
A value creation tool for the treasury."
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