Customer Story
TreasuryONE

Saving 5,000 Hours a Month with Flowgear

How Flowgear became the integration layer across treasury, banking and HR. TreasuryONE is a market leader in treasury services and treasury technology. The business supports large corporates with treasury services and systems, including FX risk management, outsourced treasury solutions, treasury and bank connectivity technology and broader treasury operations. Because clients operate across different technology stacks and legacy environments, TreasuryONE needed an integration layer that could keep critical workflows reliable, auditable and scalable.

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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.

Andre EngelbrechtCTO, TreasuryONE
The challenge

Moving Beyond RPA and Manual Confirmation Workflows

TreasuryONE had already invested in automation, but its RPA approach had become heavier than necessary for the work at hand. The team wanted a cleaner middleware option that could connect systems more effectively, reduce manual effort and scale without constant intervention.

At the same time, some high-value treasury processes were still too manual. One of the most important was the confirmation of the FX deal. After a deal is booked with a bank, the bank sends a confirmation, often by email or PDF. TreasuryONE then needs to validate the deal and capture the confirmation number in its Treasury Management System. Done manually, the process is slow and creates unnecessary operational risk.

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.

The solution

Automating Critical Treasury Confirmations and Bank File Imports

TreasuryONE’s first major Flowgear workflow focused on FX confirmations. Flowgear now takes inbound confirmations and prepares them for import into the Treasury Management System, helping the team verify deals more accurately and efficiently.

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.

Today, Flowgear sits at the centre of TreasuryONE’s automation strategy. It has replaced the previous RPA tooling and given the business a practical platform for expanding integration over time.

The results

5,000 Hours Saved Per Month and a Platform That Scales

TreasuryONE estimates it saves at least 5,000 hours per month compared with running these processes manually. That creates a significant operational advantage without needing to increase headcount at the same pace.

Flowgear also supports a growing footprint across the environment:

  • 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.

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.

A key future opportunity is the use of AI to support and streamline FX workflows, including:

  • Accessing live FX pricing from banks.
  • Speeding up and standardising quote generation.
  • Supporting faster, more automated deal execution processes.

Systems connected in this story

Treasury Management SystemBank FX confirmationsMT940 bank statementsHR systemsOpenAIAzure Key Vault
Treasury Management SystemBank FX confirmationsMT940 bank statements
HR systemsOpenAIAzure Key Vault

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