RÃ©my Cointreau is a world renowned beverage company, whose product portfolio includes RÃ©my Martin, Cointreau, Piper-Heidsieck, Metaxa and Mount Gay Rum. Their corporate turnover in fiscal 2007-08 was EUR 818 million, with an operating margin of 20.4%.
RÃ©my Cointreau selected IT2 to provide a best practice integrated system solution for a treasury that had previously used several different systems, resulting in the occurrence of undesirable control and efficiency issues. Besides gaining the benefits of systems consolidation, IT2 will, in a second phase, integrate RÃ©my Cointreauâs treasury operations with a SWIFT connection, facilitating web based bank communications.
In RÃ©my Cointreauâs TMS selection project, a key differentiating feature for IT2 was the systemâs unique process maps, which drive, manage and document treasury processes, supporting best practice treasury control. IT2 is shipped with a library of treasury processes, offering âout-of-the-boxâ streamlined and secure implementation.