Treasury Automation in Action at Evonik

Automation is a goal for many treasuries, but Evonik shows what it looks like when digitalisation is truly embedded at the core. This case study takes readers inside a treasury function where payments, liquidity, FX risk, and reporting are tightly integrated, enabling near-total straight-through processing and real-time oversight. Evonik’s experience highlights how the right systems, governance, and mindset can dramatically reduce manual effort while improving control, compliance, and decision-making. It also reveals why automation is as much a change management challenge as it is a technology one.

"Now, with everything from cash management to risk and from payments to reporting all connected, we have a single source of truth."

Teodora Terzieva
Head of Treasury and Digitisation, Evonik
"From identifying currency risk to executing hedges and settling transactions, the entire workflow is now streamlined and largely automated. It’s reduced manual effort and improved both speed and accuracy."

Teodora Terzieva
Head of Treasury and Digitisation, Evonik

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Treasury Automation in Action at Evonik

"Now, with everything from cash management to risk and from payments to reporting all connected, we have a single source of truth."

"From identifying currency risk to executing hedges and settling transactions, the entire workflow is now streamlined and largely automated. It’s reduced manual effort and improved both speed and accuracy."

Got a treasury problem? Ask JTT!

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