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PRIMETALS TECHNOLOGIES

Customers / Primetals Technologies
Industry
Industrial Manufacturing


PRIMETALS COMPLETELY REVAMPS FINANCIALS WITH COUPA TREASURY

Primetals leverages Coupa Treasury to gain visibility and flexibility, reduce
risk, and simplify banking through building a comprehensive treasury system from
the ground up.

Case Study
Company Overview
Primetals Technologies provides metals producers with cutting-edge,
custom-tailored plant equipment and services.
Headquarters
London, England
Employees
5,000-10,000
Customer Website
primetals.com
 


VALUE AS A SERVICE

1

NEW TREASURY SYSTEM BUILT

6

WEEKS TO FULL IMPLEMENTATION

200,000

PAYMENTS ANALYZED YEARLY


CHALLENGE

Had to build a treasury system from scratch.

Needed group-wide cash management using POBO and ROBO models.

Intercompany clearing, financing, and FX trading needed optimizing.

Needed to reduce number of bank accounts and payment formats.


SOLUTION

Coupa Treasury


RESULT

Good UX sped up adoption rates and optimized the post-merger integration
process.

Interest gains from optimizing bank partners are estimated in the seven-figure
range.

AI analysis reduces risk of fraud for more than 200,000 payments a year.


"YOU CAN’T HAVE GOOD RISK MANAGEMENT WITHOUT GOOD CASH MANAGEMENT."

Jeremy Hamon, Head of Group Finance


RELATED CUSTOMERS

 
Industrial Manufacturing
AUTO PARTS LEADER PUTS BSM ON AUTO-PILOT TO DRIVE SUCCESS

With customers like Audi and Ferrari, Lear wanted to speed up, streamline, and
integrate multiple BSM processes from disparate ERP systems to keep pace with
growth. With Coupa's help they managed to automate over $1.5B.
View Customer

 
Industrial Manufacturing
AGGREGATE INDUSTRIES STREAMLINES PROCUREMENT WITH COUPA INVOICING

As a very diverse, complex business Aggregate leveraged Coupa's intuitive UX to
quickly integrate with suppliers, going live in just 12 weeks and optimizing
their overall invoicing and procurement processes.
View Customer

 
Industrial Manufacturing
LEADING AUTO MANUFACTURER TURBOCHARGES PROCUREMENT WITH COUPA

Cooper Standard was driving blind when it came to their procurement process,
often not knowing status until invoices simply arrived. They turned to Coupa for
better visibility and decided to upgrade to touchless invoicing with Coupa's
powerful automation.
View Customer



RESOURCES AND INSIGHTS

On-Demand Webinars

GLOBAL SUPPLY CHAINS IN A POST-PANDEMIC WORLD

Hear the recent HBR webinar featuring Willy Shih, Professor at Harvard Business
School and author of the recent HBR article, “Global Supply Chains in...

Watch the Replay

Analyst Reports

2021 GARTNER® MAGIC QUADRANT™ FOR PROCURE-TO-PAY SUITES

Learn why Coupa was named a Leader in the 2021 Magic Quadrant™ for
Procure-to-Pay Suites.

Read the Report



PRODUCTS

 * Product Overview
 * Procure
 * Invoice
 * Expense
 * Pay

 * Supply Chain Design & Planning
 * Strategic Sourcing
 * Contract Management
 * Contingent Workforce
 * Treasury Management
 * Supplier Management
 * Spend Analysis

 * BSM Platform Overview
 * Connected Core
 * Security & Scalability
 * Integration

 * Community.ai
 * Coupa Advantage
 * Coupa Open Business Network
 * Coupa App Marketplace


SOLUTIONS

 * AP Automation
 * Compliance & Control
 * Digital Transformation
 * ERP Integrations
 * Midsized & Fast-Growing Businesses
 * Operational Benchmarking
 * Supply Chain Resiliency
 * Suite Synergy
 * Sustainable Business Spend Management
 * Third-Party Risk Management
 * Liquidity and Payments

 * Automotive
 * Banking & Investment
 * Business Services
 * Consumer Products
 * Food & Beverage
 * Healthcare
 * Industrial Manufacturing
 * Insurance
 * Life Sciences
 * Oil & Gas
 * Process Manufacturing
 * Public Sector
 * Retail
 * Technology
 * Telecommunications
 * Utilities


CUSTOMERS

 * Success Stories
 * BSM Spendsetters


RESOURCES

 * On-Demand Webinars
 * eBooks
 * Analyst Reports
 * Product Videos
 * Blog
 * Whitepapers

 * Upcoming Webinars
 * Events
 * Inspire
 * Suppliers
 * The Community Forums

 * Business Spend Index
 * 2022 BSM Benchmark Report


PARTNERS

 * Partner Connect
 * Find a Partner
 * Become a Partner
 * Partner Login

 * Implementation Partners
 * Payment Partners
 * CoupaLink Technology Partners
 * Managed Services Provider Partners
 * Application Management Partners
 * Management Consulting Partners
 * Supply Chain Design Partners
 * Private Growth Partners


SERVICES

 * Supplier Help
 * Supplier Resources

 * Coupa Value Services
 * Coupa Compass
 * Training & Education
 * Coupa Logins


COMPANY

 * Why Coupa
 * Our Values
 * Innovation
 * Leadership
 * Board of Directors
 * Investors
 * Our Offices
 * Supplier Code of Conduct
 * Legal


CAREERS

 * Careers Overview
 * Job Openings
 * Humans of Coupa


NEWS

 * Press Releases
 * News Articles
 * Awards
 * Press Kit
 * Blog


INITIATIVES

 * Environmental, Social, and Governance (ESG)
 * Empower
 * Diversity, Equity & Inclusion
 * Coupa Cares
 * Coupa Ventures

Why Coupa
Need to get in touch?    Contact Us.
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