Marubeni America Corporation goes 'Live' ahead of schedule and under budget with

Chicago, IL – Integrity Treasury Solutions today announced completion of the implementation of their new treasury system, at Marubeni America Corporation in New York.

Marubeni America Corporation is a major overseas subsidiary of the Marubeni Corporation of Japan. Marubeni America Corporation runs the North American activities of the trading house which range from agricultural to natural resources.

Integrity Director Les Halpin said that the achievement was due to "a very professional effort from the combined team and demonstrated the ability to achieve high returns from the very fast implementation of a world leading treasury system. In an industry known for cost overruns and project delays this just shows what can be achieved with the right software and resources from both vendor and client".

Marubeni America Corporation Senior Vice President, Treasurer Makoto Oasa said, "the chief strength of integra-T is the flexibility of the architecture. Our cash management and treasury operations are very unique. Our treasury team is a heavy user of cross currency derivatives and our cash management team supports Marubeni and our fifteen affiliated companies in the US.’s system architecture has the ample flexibility to meet our specific requirements associated with our operations. In addition, integra-T has successfully established the interface with our legacy ERP system".

"Working with Integrity’s team has been a refreshing experience. We have been demanding in our requirements, and Integrity’s response has been outstanding. I am pleased to say that the system we developed has met Marubeni’s expectations and was achieved under budget".

Marubeni America Corporation is using the following modules: Foreign Exchange, Money Market, Debt, Investment, Derivatives/Hedging, Credit Lines, Cash Management and Liquidity Forecasting, Data Transfer Services, Scheduler, Inter-company and FAS 133. They have also integrated the accounting journal production with their SAP system.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development