LAKE ZURICH, Ill.--(BUSINESS WIRE)--GTreasury announced today that Great Plains Energy Incorporated, has gone live with their GTreasury platform. With only a four month implementation, Great Plains Energy is now utilizing GTreasury to manage their cash, financial instruments, and related accounting activities.
Prior to GTreasury, Great Plains Energy was using an aging treasury management system that operated on a single standalone terminal. Their decision to migrate to a different platform stemmed from the inability to access their previous solution remotely, the previous solution’s failure to forecast, and anticipated improvements in overall usability, functionality, and reliability. Jim Gilligan, Assistant Treasurer at Great Plains Energy, stated, “We needed a SaaS based solution that was user intuitive, had the capability to integrate with our ERP, and combine a wide variety of fields for our Chart of Accounts. GTreasury was one of the only vendors who were able to able to meet all of our requirements.”
The speedy implementation was a team effort. “The availability of the solutions team to help us with any questions or issues was great. They were quick to respond to our inquiries, and overall provided a seamless implementation,” Mr. Gilligan stated.
The Great Plains Energy and GTreasury partnership will shine, while continuing to illuminate their treasury activities.
Originated in 1986, GTreasury is the global leader of treasury management solutions for organizations spanning the globe. GTreasury’s solution focuses on illuminating a treasury’s liquidity by centralizing all incoming and outgoing banking activities, along with tracking all financial instrument activities, thereby granting GTreasury practitioners real-time insight and access into their global liquidity. Our modular platform and infrastructure allow any size treasury operation the ability to customize a solution that is best suited to their needs. For more information please contact Marketing@GTreasury.com or visit www.GTreasury.com.
About Great Plains Energy:
Headquartered in Kansas City, Mo., Great Plains Energy Incorporated (NYSE: GXP) is the holding company of Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company, two of the leading regulated providers of electricity in the Midwest. Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company use KCP&L as a brand name. More information about the companies is available on the Internet at: www.greatplainsenergy.com or www.kcpl.com.