Ahlsell is the leading Nordic distributor of installation products, tools and supplies to installers, contractors, facility managers, industry, energy companies and the public sector. They operate 230 stores in the Nordics and three central warehouses and the turnover for 2017 was 27 500 MSEK. Ahlsell employs 5800 people.
Ahlsell has been a customer to Treasury Systems for many years using our solutions primarily to manage FX risk and internal loans efficiently. There were however a number of areas where significant improvements could be made to further maximise efficiency in daily treasury operations.
Treasury Systems suggested that Ahlsell would pilot their brand-new next generation system, highlighting key efficiency gains that could be achieved through the
treasury value chain. “From deal capture to accounting we could streamline and remove several manual and time-consuming steps allowing us to focus more on analysis and risk management” says Filip Berggren, Group Treasurer.
With Treasury Systems, Ahlsell has gained even greater flexibility in management reporting with powerful graphic presentation, they can easily navigate their portfolios and reduce several manual steps in accounting and deal imports.
The three main principles while developing Treasury Systems has been innovation, intuitiveness and efficiency through automation. The Ahlsell case confirms delivery on these principles and we can’t wait to get this new product into the hands of more customers.
What We Did
Process overhaul, Trading Station, Accounting, Automation
Automating manual steps
in deal entry, accounting and reporting
Large time-savings was not only achieved by automating more routines. The cost of correcting human error in accounting and deal entry is eliminated, saving valuable time every day.
”From deal capture to accounting we could streamline and remove several manual and time-consuming steps allowing us to focus more on analysis and risk managementFilip BerggrenGroup Treasurer, Ahlsell