The Challenge
Moving Beyond RPA and Manual Confirmation Workflows
Andre Engelbrecht, TreasuryONE’s CTO, had seen this style of integration work well before. When the team revisited its approach, they tested whether Flowgear could replicate key RPA-driven workflows. It could, and it did so more cleanly.
RPA was overkill for the job
“We were making use of automation anyway… and that kind of was an overkill… We tested Flowgear… to see if we could replicate it… and it did better.” said Andre
Built for critical treasury workflows
“That was the first one and probably the most critical one… because if deals are booked wrong on the system, the variation can be quite big.” said Andre.
The Solution
Automating Critical Treasury Confirmations and Bank File Imports
That success created momentum for broader automation. TreasuryONE expanded Flowgear into other high-value workflows, including:
- Transforming MT940 bank statement files into the formats required by the Treasury Management System
- HR automation, including daily email notifications showing who is out of office.
- Early AI-enabled workflows, including CV screening and OpenAI API use cases, with more planned as Flowgear V2 capabilities mature.
The Results
5,000 Hours Saved Per Month and a Platform That Scales
- Nearly 170 workflows running daily.
- Close to 300 workflows running each month.
- Around 420 workflows built to date.
As adoption grows, TreasuryONE expects Flowgear to become even more deeply embedded in its operating model, with scope to move to an enterprise subscription over time.
Saving at least 5000 hours a month
“Without Flowgear, these processes would require substantial manual effort and a much larger operational team, making them both less efficient and more expensive to manage. Today, TreasuryONE is saving at least 5,000 hours per month through automation, while achieving greater accuracy and consistency.” said Andre.
Flowgear as the middleman for AI-enabled treasury
“This year, a lot of the focus is going to be on AI tools… Flowgear helps by being the middleman between all of that.” said Andre.
Looking Ahead
Banking APIs, Secure Key Management and AI-Enabled Treasury Workflows
TreasuryONE’s next phase of integration is closely linked to the evolution of banking APIs. Many bank connections still rely on older methods such as SFTP or host-to-host, but as more robust APIs become available, the business plans to automate more of its banking interactions.
As this expands, security and key management will become increasingly important. TreasuryONE plans to integrate Flowgear with Azure Key Vault to help store and rotate API keys securely as API-driven banking automation grows.
- Accessing live FX pricing from banks.
- Speeding up and standardising quote generation.
- Supporting faster, more automated deal execution processes.