Key Takeaways

Industry: Food & Beverage

Headquarters: Sydney, Australia

Employees: 3,500+

Operations: Australia, New Zealand, Malaysia, Indonesia, Japan, & Hong Kong

GTreasury Solutions: Cash Forecasting, Liquidity Management, Risk Management, ClearConnect

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Challenges

Following its separation from Campbell’s Soup, The Arnott’s Group (TAG)faced a critical inflection point: build a treasury function from the ground up or risk gaps in visibility, compliance, and operational control. The existing treasury setup was fragmented, non-cloud-based, and lacked core capabilities like forecasting, automation, and SAP integration.

Key challenges included:

• Manual, Excel-based short-term forecasting and daily reconciliation
• Time-intensive debt payment processing
• Inability to forecast by account or region
• Lack of real-time visibility into global cash positions
• Limited automation and disconnected workflows across SAP and bank data

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Solution

TAG partnered with GTreasury to design and implement a future-ready treasury platform capable of scaling with the business. GTreasury’s strong ANZ presence, collaborative implementation model, and unified data approach made it the preferred solution.

GTreasury solutions deployed:

• Cash Forecasting: Enabled real-time and forward-looking visibility into cash flows across accounts and entities, replacing spreadsheets with automated, insight-rich tools.
• Liquidity Management: Centralized global cash positions, delivering consistent visibility and improving reconciliation speed and accuracy.
• Risk Management: Automated tracking, settlement, and reporting of FX and debt activity to streamline treasury operations and reduce risk.
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• ClearConnect: Seamless integration with SAP and banking partners, reducing manual entry, enabling faster close cycles, and ensuring financial data integrity

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Results

• 30% time reduction in daily cash reconciliation and payment preparation

• Cash close time reduced by ~65%(from up to 1.5 days to 0.5 days)

•  Journal entries processed within hours, accelerating close cycles by 3–5 days monthly

•  Onboarding time for new treasury staff significantly reduced—freeing up senior team members for higher-value tasks

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Operational Benefits

• Real-time cash visibility at the account and regional level—supporting better intra-day decisions

• Automated debt payment workflows, improving accuracy and timing

• Enhanced SAP integration and elimination of dozens of manual journal entries per week

• Scalable foundation for regional treasury centralization

•  Improved forecasting accuracy and confidence in decision-making

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“We can now complete the current day cash forecast and payment preparation, prior day reconciliation and journals by 10:30 a.m. Previously, we would struggle to do anything other than prepare payments before that time. We also have more confidence in the detailed cashflow forecasts and therefore improved visibility for decision making.”

– Joanne Parnell, Treasurer, The Arnott’s Group

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Why It Matters

The Arnott’s Group’s treasury team transitioned from manual processes to a data-driven, insight-led operation in under a year—unlocking measurable efficiency and visibility gains. With GTreasury, they’ve built a future-ready foundation that supports scale, precision, and smarter capital allocation.

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Partners

GTreasury & HSBC Australia