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Overview

Rotovia is a global manufacturing company, running finance across 25 entities, 11+ banks, 50+ accounts, and 9 currencies, with decentralized finance teams and no centralized ERP to connect them. 

At that scale, cash management had become complex and manual, with no single, current view of global liquidity.

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The Challenge

For Rotovia’s treasury team, managing global cash had become a constant exercise in uncertainty. They lacked confidence in knowing where cash was, where it was needed, and whether it was being used efficiently. Critical decisions around liquidity, funding, and capital allocation were slowed down by fragmented information and manual processes, increasing the risk of excess cash sitting idle, unexpected funding gaps, and inefficient use of capital. 

The challenges stemmed from a disconnected operating environment:

• No centralized visibility into bank balances
• Manual aggregation across multiple teams and systems
• Fragmented financial infrastructure
• High intercompany activity with limited oversight
• Reactive, inefficient cash management.

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The Solution

Rotovia deployed Panax as a centralized treasury intelligence layer. Instead of chasing balances, the team now works on one live, trusted view, while local ownership of the data stays where the knowledge is. 

The shift was about giving a distributed finance function a shared source of truth:

• Unified connectivity across global banks
• Real-time cash position visibility across all entities
• Transaction monitoring and intercompany tracking
• Distributed categorization by local teams
• Foundation for forecasting and AI-driven insights

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The Impact

For Rotovia, the change showed up first as control, and then as capital.

1. Full visibility and control: With every bank and entity feeding one live view, manual cash tracking was eliminated in favor of daily monitoring of global liquidity. The team stopped rebuilding the picture from scratch every time it was needed. Over 40 hours a month were saved across the finance team through automation and streamlined workflows.

2. Improved capital efficiency: With a clear, real-time view of cash - visibility translated directly into action. Rotovia could move intercompany funds more deliberately, allocate liquidity where it was needed, and hold tighter buffers, freeing capital that had been sitting idle.

This unlocked ~€2M in cash, enabling a reduction of debt and credit lines, alongside ~€200K in annual savings from improved capital efficiency alone.

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Overview

Beachwold Residential is a real estate investment and property management company operating across a complex structure of entities, properties, and ownership groups.

Managing liquidity across more than 100 bank accounts required highly manual processes, fragmented reporting, and constant coordination between treasury and accounting teams.

The Challenge

Beachwold lacked a centralized and real-time view of cash across its portfolio structure:

Company overview

This private equity-backed B2B SaaS company operates across 20+ global entities and serves a diverse client base with governance, risk, and compliance (GRC) solutions.

The company is headquartered in North America, with a strong international presence across Europe, Asia, and Australia. Its solutions are widely adopted by some of the world’s largest enterprises, including the majority of Fortune 1000 companies.

The challenges

• Fragmented Cash Management: With a global footprint and multiple acquisitions, the company was working with a global banking partner alongside 12 additional regional banks. This made it difficult to gain a unified view of cash and optimize liquidity.
  
• Manual Cash Flow Forecasting: Forecasts were maintained in Excel, creating issues of accuracy, collaboration, and scalability.
  
• Limited Reporting and Cash Insights: Available reporting provided only delayed and partial visibility into cash positions and cash flow trends. Producing manual reports for management updates was tedious and time-consuming.
  
• Time-Consuming AR Reconciliation: The AR team spent eight hours daily reconciling collections, dealing with partially paid invoices, reseller transactions, and bulk settlements.
  

The solution

Panax implemented an AI-powered platform to transform cash management and treasury processes:

• Real-Time Cash Visibility and Insights: Unified view of all bank accounts, with automatic categorization and ERP sync. Enhanced reporting provided actionable insights and confidence in decision-making.
  
• Smart, Accurate Cash Forecasting: Flexible forecasting models (weekly and monthly) powered by proprietary AI. The platform leveraged customer payment behavior to generate significantly more accurate forecasts.
  
• Automated Alerts for Key Triggers: Proactive alerts for events such as expiring investments, anomalies, or balance thresholds, reducing risks and enabling optimized liquidity management.
  
• Efficient AR Reconciliation: Automated matching of bank collections to ERP invoices, reducing manual reconciliation work by more than 50% and ensuring accurate journal entries.
  

The results

• Automated, AI-enhanced data collection and ERP integration
  
• Actionable, insightful cash flow reporting for management
  
• Advanced AI-powered cash forecasting with improved accuracy
  
• Proactive alerts driving higher capital efficiency
  
• 50% reduction in manual AR reconciliation time, freeing the team for higher-value tasks

Overview

TimePayment, a leading equipment finance company, partnered with Panax to modernize and automate its treasury and cash flow reconciliation processes. Before Panax, the treasury team managed reconciliations through manual processes and multiple reporting tools, creating opportunities to improve efficiency, consistency, and confidence in the data.

With Panax, TimePayment has achieved near-perfect reconciliation accuracy, given its teams real-time cash visibility, and automated critical reporting workflows - freeing finance leaders to focus on strategy rather than manual workflows. 

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Before Panax

• Reconciliation Gaps: Significant discrepancies between bank data and categorization of items within internal cash report.
• Manual Processes: Weekly actuals updates and cash reports required extensive manual work in Excel.
• Disconnected Tools: Forecasting and reconciliation were split across multiple systems with limited ERP integration.

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The Panax solution

Panax became TimePayment’s central hub for treasury operations—seamlessly syncing with Microsoft Dynamics 365 Business Central, consolidating workflows, and delivering accurate, real-time reporting.

How TimePayment Uses Panax:

• Accurate Cash Flow Reconciliation: daily exports of actuals directly into Panax have drastically tightened the accuracy of cash flows.
• ERP Integration: Direct sync with Business Central reduces manual reconciliation. While some batch payment limitations remain, the team has effective workarounds and is tracking Panax’s roadmap for enhanced transaction-level split capabilities.
• Cross-Team Access: Accounting teams log into Panax daily to tag transactions and export reports for stakeholders. Treasury and finance leadership leverage weekly and monthly insights, accompanied with an automated daily report.

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Go Global Travel is a B2B hotel and technology provider, established in 2000. The company offers a vast inventory of hotels and apartments, with over 1,000,000 accommodations in more than 70,000 locations worldwide. Go Global Travel's services are utilized by around 20,000 client partners, which include travel agents and tour operators.

The company operates through a network of 25 multilingual offices around the globe, providing support and services to its partners. This wide global footprint involves 50 banks, more than 290 bank accounts and 41 entities. In 2023, Go Global Travel was acquired by Yanolja, a large Korean super-App.

The Challenge

• Limited cash visibility and low data reliability
• Inefficient reporting processes and limited cash flow tracking
• M&As that add cash management complexity 
• Fragmented and high-risk cash management

As a company with operations spanning multiple countries, Go Global Travel dealt with dozens of banks and PSPs across various locations, including hundreds of accounts and tens of currencies, and a high volume of transactions. The local finance teams in each region manage the local banking operations.

The wide variety of banks and large footprint of the group, made it challenging for the headquarters to control liquidity and generate an ongoing and real time visibility over the company's position. This made it hard to monitor cash needs across different companies in the group, to ensure smooth cash flow management and optimize liquidity.

Visibility of cash is lagging and not reliable

In the daily reporting process, all bank balances had to be manually updated by each local finance team on a “pull mode”. The group’s HQ was able to get access to the previous day’s cash position,only by the end of the current day. The delayed and reactive nature of this process made it difficult for the company to manage cash based on the most relevant data.

The manual nature of the reporting process also led to low data reliability. With multiple teams inputting data into a shared document, the process was prone to human error, and discrepancies were common. As a result, the group's headquarters had multiple cash-related risks and had difficulty managing liquidity effectively and with confidence.

Additionally, the complex reporting process led the company to focus solely on bank balances, without tracking cash inflows and outflows. Due to the large number of banks, in various locations, and with a high volume of transactions, the company faced a limited visibility into their cash flows, and couldn’t streamline the cash flow reporting process, making it impossible  to  gain insights of cash flow trends and cycles

Streamlining M&As

The company’s rapid expansion through several mergers and acquisitions in recent years made it even more challenging for the group to manage cash,  with each new acquisition bringing additional banks and finance teams. The diversity in banking practices, currencies and financial procedures across the newly integrated entities increased the treasury complexity, making it more complicated to achieve a unified, streamlined cash management approach across the organization.

About the company

A growing logistics company that provides various freight and logistics services to its customers around the world. Global expansion has brought new challenges to the business:

• Multiple banking relationships with various financial institutions.
• Daily manual processes to track cash position, understand trends, and make cash operating decisions.
• Difficulty in creating a standardized, holistic picture of the group’s liquidity across regions.

Growing logistics group & Panax

• Automated, real-time view of the group’s liquidity - Saving 12-20 hours of manual work per week!
• Proactive management of credit lines and optimization of cost of credit - Saving of >$100K in interest payments per year!
• Identification of important inflows and outflows trends in real-time.
• Confidence in short-term liquidity position and control over cash operating decisions.

The challenges

The vast footprint of the group includes a multitude of banking relationships with various financial institutions. This, combined with the thin margins that characterize the logistics industry, and the usage of various credit lines for financing the group’s significant working capital, created a huge challenge for the finance team.
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The team had to perform daily manual processes to track cash position, understand trends, and make daily cash operating decisions. With the group’s growth, it became increasingly challenging for the lean finance team to cover the full global activity, making it impossible to create a standardized, holistic picture of the group’s liquidity across regions.
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Other than wasting the team’s precious time on manual, error-prone tasks, there was a constant feeling of “chasing our own tails'' – by the time the team finished collecting and analyzing the data, it was already stale, and the result was backward-looking, reactive decisions, that were suboptimal and wasteful.
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The solution

Once the company connected all its bank accounts and credit lines to Panax, the team had access to an automated, real-time view of the group’s liquidity. Knowing how much cash is in operating accounts, the utilization of credit lines, and recent changes and trends in liquidity, enabled the finance team to, first and foremost, be in control and have confidence in their short term liquidity position and guardrails.

In addition, Panax’s automatic transactions categorization empowered the company to identify important inflows and outflows trends in real time, independently of ongoing accounting processes and banks’ reconciliation, and focus the team on key levers for improving cash flows.

Finally, the smart alerts helped them to proactively manage the group’s credit lines, respond quickly to cash movements, and better control and optimize its cost of credit.

The results

Leveraging Panax’s cash flow management platform created immense value for the company in several key areas:

• Reduce average credit lines utilization by >5% – Given current interest rates, this reflects a massive saving of >$100K in interest payments per year.
• Save 12-20 hours of manual work per week, and maintain full, real-time control over their liquidity – The finance team is now free to invest its time in more strategic, value-add tasks and make informed cash decisions with ease.
• ‍Obtained full visibility on global cash management on a daily basis gives the ability to make informed decisions and streamline cash management processes effectively, and enables to fine-tune the cash resources in each region, resulting in increased efficiency and better financial control.

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Background

A global leader and a rapidly growing star in consumer tech, Oddity (NASDAQ: ODD) is revolutionizing the wellness and beauty industry by offering an AI-driven, digital-first platform to their customers.

The consumer tech industry is transaction-heavy and therefore comes with substantial volumes of inflows and outflows. Coupling this with globalization and the fact the world is gravitating more and more towards borderless eCommerce – presents a unique set of challenges, particularly in the hectic realm of eCommerce.
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The Challenges

Positioning themselves as one of the fastest-growing eCommerce beauty platforms, Oddity experienced a hyper-growth phase. This meant that in a relatively short period of time, the company has opened dozens of new bank accounts, payment gateways, and wallets, which translated into more cash moving around and new currencies to keep up with.

Despite exceeding the company’s already ambitious financial targets, this exponential growth phase also brought about an overwhelming amount of manual, labor-intensive work that left little time for more strategic tasks.

What made things more complicated, was the growing challenge to maintain visibility into their cash flow management. Oddity’s finance team needed to invest more and more man-hours to manage their cash effectively across accounts, which in turn, made it challenging for Oddity to optimize liquidity in real time.‍

‍The Solution

After implementing Panax’s AI-native cash management platform, Oddity has completely transformed the effectiveness of their liquidity investment processes. Gaining much-needed visibility, the team managed to proactively track all of their cash pockets in real-time.

Once the cash visibility element was checked off – Oddity could focus on cash optimization. They leveraged smart alerts and proactive notifications to identify future cash needs, and then optimized their cash flow and liquidity reserves accordingly.

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The Results

Being able to allocate idle cash pockets by connecting their entire account base to Panax agents has allowed Oddity to:

• Maintain over 95% of their cash in interest-bearing investment accounts – A massive financial win for everyone, especially considering the current interest rate.
• Maintain full, real-time control over their financial assets – The Oddity team could spare the long hours invested in manual data collection and analysis and focus their time on more strategic, value-add tasks.

Panax's 360 connectivity, AI agents and proactive insights have enhanced Oddity’s ability to keep a constant finger on the pulse of their rapidly expanding brands.

Oddity’s new cash management process is now well positioned to support their bold growth plans and rising complexity, becoming a source of value that rather than hindering growth, now actually contributes to the bottom line of the entire business.