Home Our Clients How Molins optimised cash forecasting and cash visibility with Embat and SAP
How Molins optimised cash forecasting and cash visibility with Embat and SAP
"A Treasury Management System makes sense if it enables the Treasury Manager and Corporate Finance to have clear visibility across three levels: the actuals (including banks and current account balances), confirmed forecasts, and an estimated forecast for strategic decisions. For us, Embat has been the solution that ensures clarity across all three levels."
Michele Laria
Corporate Finance Director
- Static view of the cash position at the corporate level, making it difficult to make informed decisions in the short and medium term
- Manual cash forecasting and bank reconciliation processes, which consumed time and resulted in inefficiency
- Limited real-time visibility of treasury, complicating precise and agile financial management
- Use of sophisticated financial products, such as cash pooling, without the necessary automation to fully leverage their strategic potential
- Reliance on manual processes in treasury, limiting time available for higher-value tasks
- Limited ability to integrate cash forecasting into holistic and strategic financial planning
- Automated cash flow forecasting, reducing the need for manual consolidations
- Real-time visibility of the cash position, enabling effective liquidity control and agile day-to-day operations
- Seamless integration with SAP, consolidating financial data in real time and eliminating reliance on manual processes
- Optimised cash pooling management, providing greater visibility and control over debt and liquidity positions
- Real-time, dynamic cash management, enhancing cash visibility and facilitating strategic decision-making
- Freed up time and resources for the finance team, allowing them to focus on tasks of greater strategic value
- Improved accuracy and scope of financial planning, with integrated, corporate-wide forecasting supporting growth and stability
The customer
Molins is a family-owned company with nearly a century of experience in construction materials and solutions. Operating across 11 countries with over 6,300 employees, Molins has grown from a cement producer to a leader in sustainable and innovative construction solutions, including concrete, aggregates, thermal insulation, and urban furniture, alongside circular economy initiatives. With a mission centred on driving social development through sustainable building solutions, Molins positions itself as a key player in the sector’s transition towards more efficient and sustainable models.
The challenge
The Molins finance team, led by Michele Laria as Corporate Finance Director, tackled several key challenges with strategic vision to strengthen the company’s financial position:
1. Optimise visibility of the cash position
Despite a strong cash position, Molins sought accurate cash visibility and forecasting to support informed decision-making in the short and medium term.
2. Automate cash forecasting and bank consolidation
Moving from a manual to an automated process was essential to minimise time spent on repetitive tasks, reduce inefficiencies, and ensure real-time visibility—crucial due to the use of sophisticated financial products like cash pooling.
3. Enhance the accuracy and scope of financial planning
Integrating cash forecasting into corporate-level planning provided a holistic view of the group’s financial status.
4. Empower internal talent in treasury management
Molins aimed to optimise financial processes, enabling the team to take on a more strategic and value-added role.
The solution
Embat collaborated closely with Molins’ finance team to optimise their treasury and planning processes, achieving the following outcomes:
Automation of cash forecasting
Embat enabled Molins to automate the cash forecasting process, enhancing accuracy and reducing reliance on manual workflows. This shift facilitated more efficient liquidity management and improved responsiveness to fluctuations in the financial environment.
Real-time cash position visibility
Embat’s integration with SAP provided Molins with immediate access to bank balances and other relevant data, enabling more informed and agile decisions in liquidity management.
Robust financial planning
Through a three-month rolling forecast, Molins integrated cash forecasting with overall financial planning, allowing for more effective adjustments to strategy.
Optimised cash pooling management
Embat helped Molins enhance its cash pooling management by providing increased visibility and control over debt and liquidity positions, allowing Molins to access key information needed for more effective financial decision-making.
Development of internal talent
Automation freed the finance team from repetitive tasks, enabling them to focus on more strategic functions. This empowered key team members to engage actively in liquidity management and financial planning.
The impact
The collaboration with Embat has significantly transformed Molins’ financial management, delivering measurable improvements across several areas:
Optimised liquidity management
The integration of data and enhanced visibility allowed Molins to optimise its cash position, supporting more effective resource management and contributing to financial stability.
Improved decision-making
Real-time treasury visibility and automated forecasting enabled quicker, better-informed decisions, increasing agility in responding to changing circumstances.
Reduced errors and increased efficiency
Removing manual processes reduced errors in treasury management and improved overall operational efficiency.
Higher engagement within the finance team
With more time available for strategic tasks, Molins’ finance team has shown stronger commitment to their roles, reinforcing a culture of liquidity-focused management within the organisation.
