Metso is the world’s leading industrial company in the mining and aggregates industries and in the flow control business. With presence in approximately 50 countries and over 90 service centers, Metso employs 14 000 people worldwide.
Trezone has helped Metso’s treasury to focus on value creation already for 14 years. In fact, the very first prototype of Trezone was built in Metso Treasury and since then, it has evolved into a leading best practice Business-to-Treasury solution.
“We do not need to spend time on gathering information or handling transactions manually.”
Treasurer Minna Helppi explains: “With streamlined reporting and on-line services for the subsidiaries, we do not need to spend time on gathering information or handling transactions manually.”
Centralized control of FX risks
Trezone supports the subsidiaries in identifying and hedging foreign currency exposures as soon as they arise. It helps the group to adhere to the hedging policy and provides a seamless audit trail for all transactions.
Putting money to work
“With a global visibility on liquidity and future cash flows, we have been able to allocate cash where it is really needed. At the same time we have cut idle cash remarkably throughout the group”, Helppi concludes.
“A value creation tool for treasury.”
Group Treasurer at Metso Corporation