Creating a separate treasury unit may not seem essential at the onset of an M&A deal. This often results in the parent company’s treasury department being confronted with this challenge at short notice, with no resources available. Such a situation might severely impact the overall project and delay the closing. 

EasyTreasury brings a transitional solution, instantly delivering a treasury platform and a treasury organisation to spin-offs. It has been co-created by BNP Paribas together with some of its strategic corporate clients. A plug-and-play solution with a complete control framework, the solution enables legal entities, from day one after the closing, to run their treasury, e.g. paying employees' salaries and suppliers' invoices and executing basic treasury operations. It also ensures cash visibility and cash forecasting across geographies – thanks to the Easy Treasury platform and the expertise of the certified treasurer it provides. 

With an implementation timeline of four months from start to finish, it is between two to three times faster than traditional projects. Easy Treasury primarily aims at spin-offs with a turnover between €200m and €2bn that have a presence in a few countries and manage a few thousand monthly payments. 

The solution has a complete control framework from day one, with dedicated validation workflows and processes that take care of the operational risk.