Testimonials

“We’ve been using Piteco in Guess for more than 11 years now, in particular Evo and CBC products. We’ve automated our Treasury processes, making them standard.
We run 30 companies in 30 countries and with Piteco we manage to have a unique dedicated process. ”.

“I have been using Piteco for more than 20 years; we mostly use modules dedicated to Treasury management. In DeAgostini, Piteco was already managing Group’s Treasury Netting in Italy but in 2002 we implemented Piteco in France and Switzerland with hundreds of accounts all over the World. Very soon, we established a Share Service Center in Italy which from Novara manages the Treasury in UK and Germany, further step was Piteco’s implementation in Japan”.

ENRICO TRINCHERA: Group Treasurer DEAGOSTINI

“As soon as we got to know Piteco we decided to adopt it in our Group. We are operating in different Countries and are heading to become a multinational company. It became important to have one single Treasury Management System to unify different controllers and unite the Group’s Treasury.””.

GIAN MARIO PANZERI: Group Finance & Treasury Director NESPOLI GROUP

“Our choice fell on Piteco because it is definitely an old-established brand name on the market and offers an particularly interesting Sap Integration.”.

FABRIZIO MOMBLANO, Corporate Senior Manager Treasury and Finance DIASORIN

“From everyday bank entries to definition of the Net Financial Position, from short-term Forecast to payments, from collections to debt management to reporting – in the subsidiary and towards Parent Company: Piteco is the only system we use”.

“We have a long-standing prelateship with Piteco that began in 2007. Piteco has been able to go hand in hand with Geox in its growth, responding to the new challenges of the market: exchange rate risk management, e-Commerce and direct store management.”

FEDERICA VELLO, Treasury and Finance Manager GEOX

“Being a purely retail oriented Group, with Piteco we have activated in specific the daily stores reconciliation and improved the Payment and Financial Planning processes.”

“To enter Piteco’s Suite of products, Assiteca chooses Match.it and manages a complicated situation with collections. The matching of each collected amount to the individual costumer had became complicated and had loaded the staff structure in an unsustainable way”.

ANNAMARIA GIORGIA CASTAGNA, Head of Treasury Group ASSITECA

“We are a small multinational corporation but with Piteco we effectively manage complex processes such as netting, cash pooling, and Payment Factory making payments all around the World“.

“With Piteco we manage our – short and medium term – Cash Flow, thus complying with the obligation to present the estimated and final Cash Flow”.

ANTONELLA BERTONI, Treasury Manager  ALER MILANO

“Fifteen years ago, Costa Crociere chose Piteco to centralize its Treasury. Piteco solution covers our needs in a very agile and efficient way: as soon as a new need is about to occur, Piteco answers.”

“The world changes, challenges increase and treasures who manages all the financial flows must adapt: we want our treasury tools to go with us in this change. It is an ongoing process of development. From a Treasury born as payment and collection management to a Treasury dedicated to Corporate Finance as well as Credit management: this is where Metinvest Trametal’s treasury is heading to”.

JAMILYA BAIMUKHAMBETOVA,
Head of ERBU Corporate Finance and Treasury
METINVEST TRAMETAL

“As a multinational corporation we’ve got offices all over the word, but the choice for the centralization of the Treasury fell on the Italian Headquarter, and we needed a tool to support us in this activity. A strength point of Piteco which I’d like to point out is the ability to manage intercompany operations quickly and as a multinational company we’ve got many of them. We use Piteco’s centralized banking Cash Pooling and Netting a very useful tool which allows you fast intercompany accounts clearings, saving bank transactions and long accounting closing processes.”.

“We’ve decided to implement Piteco in combination with the Cash Pooling projects. We use Piteco Evolution,x perfectly integrated with Sap, which allows us to finish in half an hour what usually took us 4 hours. We are a group of 40 companies: to have in all countries this tool available through rollouts represents an important advantage”.

FRANCESCA BENASSI, Group Treasury Manager FAAC

“Already 30 years ago, Piteco appeared very modern to us and it still is. In these 30 years we’ve followed Piteco in its evolution. We have got a major experience with Piteco’s Cash Management, Suppliers Payments which enables us to have linear and protected payments, and Financial Planning to keep short- and medium-term planning under control.”

“We chose Piteco Evolution on the occasion of the transition to the new ERP; the goal was to find a suitable solution which would integrate financial flows and accountings and analyze them to evaluate and report on our financial situation”.

MASSIMO PIERANTONI, Treasury Manager CMB

“We have chosen to implement Piteco to optimize treasury and finance management, to consolidate it on a technical level and to develop its potential through additional modules”.

“After a long evaluation of the solutions available on the market, we chose Piteco because it offered a total coverage of our needs, in Italy and abroad. It’s the most flexible thus most modular solution. 2 biggest benefits? Having increased the security level of the payment workflows and their automation, the greater speed of the payment processes by way of the mobile solution”.

SIMONE SARACHINI, Group Treasurer ARISTON THERMO