Frustrated by heavy reliance on manual work across a range of treasury and payments processes, the treasury team at Vectrus partnered with BNP Paribas and Kyriba to harness the power of automation to drive accuracy.
Vectrus provides global solutions for IT, network communications, and facility and logistics services. The company, which is headquartered in the US, operates in locations across the Middle East, Asia, and Europe, all supported by the group treasury team.
Senior Treasury Manager, Vectrus
Jody Hall, Senior Treasury Manager, Vectrus, comments: “Employing more than 8,000 people in 28 countries means that payroll is challenging. Our employees are our biggest asset, so treasury needs to ensure those payments are sent out in a timely and efficient manner. We also ensure that we have the cash in the right parts of the world so that we can respond at a moment’s notice to any of our customers’ needs, and maintain the entire treasury network throughout all the countries we’re in.”