Skip to content
The UK has chosen Peppol: mandatory e-invoicing from 1 April 2029.What it means for you →
Book a Value Scan
← All case studies

Case study · Technology & travel

Transaction banks reduced from 28 to 2

A global banking simplification programme consolidated 28 transaction banks into 2, cutting cost and complexity across treasury and finance operations.

~$2Mannual savings
Client
Global travel technology company
Sector
Technology & travel
Service
Finance Transformation: Opportunity to Adoption

The challenge

Over years of growth and acquisitions, the group had built up relationships with 28 transaction banks. This drove fees, manual reconciliation effort and fragmented visibility of cash.

Banking relationships, before and after
Target banking model
28transaction banks2strategic banking partners

Our approach

  • Mapped every account, payment flow and ERP integration across more than 50 entities.
  • Designed a target banking model built around two strategic partners.
  • Migrated accounts, payment formats and bank-to-ERP integrations in managed waves.
  • Standardised related processes and decommissioned redundant applications.
  • 28 → 2transaction banks
  • 50+entities mapped
  • ~$2Mannual savings

The outcome

  • Transaction banks reduced from 28 to 2
  • Around $2M in annual savings
  • Simpler reconciliation and better cash visibility for Treasury

Facing something similar?

Let's quantify it before you commit.

A fixed-fee, 2–3 week Value Scan baselines the problem with your data and puts a number on the prize.

Book a Value Scan
  1. Identify & fundAssess processes, systems and controls to find transformation opportunities, quantify the benefits and build the business case to fund them.
  2. DefineTranslate approved opportunities into business requirements and clearly scoped work packages, agreed with your technology partners.
  3. DeliverProject-manage the initiatives end to end: plan, budget, risk, vendors, quality and benefits tracking, with clear governance.
  4. AdoptDrive change management through stakeholder engagement, impact assessment, training and hypercare, so the changes are deployed and used.

Keep reading

More results, measured.

20+applications retired across 52 entities

Four acquisitions integrated onto a standard ERP and shared services

A multi-year finance transformation that simplified the application landscape, brought acquisitions onto the standard ERP stack and restructured shared services around global process ownership.

Global travel technology company · Finance Transformation: Opportunity to Adoption10entities live on a global template

Greenfield SAP S/4HANA wave delivered across ten entities

Procure-to-Pay, Supply Chain and Master Data Governance for the first wave of a five-year SAP S/4HANA transformation, from design through hypercare.

International pharmaceutical group · Finance Transformation: Opportunity to Adoption100%of the division's payments approved and released in the ERP

Supplier payments brought end-to-end into the ERP

A once-weekly payment cycle run through spreadsheets, email chains and bank-portal approvals was redesigned around in-ERP workflow, automated reporting and direct bank transmission.

Global construction and consultancy group · Finance Process Automation

Next: Greenfield SAP S/4HANA wave delivered across t…All case studies

Let's talk

Tell us the outcome you need, whether that's a funded transformation plan, simpler processes, an ERP back on track or AI working in production.

We'll reply within one working day. Most engagements start with a short, fixed-fee Value Scan.

Your details are only used to reply to you. See our privacy notice.