HP builds intelligent automation platform (TMA) in-house
Published: Feb 2026
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Tomasz Smok
Senior Manager, Global Treasury Solutions, RPA & Analytics
Daniel Majkowicz
Team Leader, Treasury Software Development
HP Inc. (NYSE:HPQ) is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. Operating in more than 170 countries, HP delivers a wide range of innovative and sustainable devices, services and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming and more.
The challenge
HP Inc.’s global cash management spans 180 legal entities worldwide and 926 bank accounts. With high transaction volume and transaction diversity, real-time cash visibility and forecasting accuracy are critical to effective decision‑making. However, the legacy process was labour‑intensive, spread across 14 systems (including SAP and multiple banking portals), and heavily reliant on manual intervention where automation was possible.
The HP treasury team identified the following key challenges:
Manual cash visibility – treasury analysts had to manually gather data from disparate sources (ERP, banking portals, internal systems), using valuable time to determine daily cash positions.
Decentralised funding inputs – funding requests from accounts payable, accounts receivable, and payroll teams required manual tracking and inclusion in daily positions.
Incomplete transaction integration – term deposits, intercompany loans and FX transactions were not automatically captured in the cash position.
Limited exposure oversight – counterparty exposure limits were manually tracked.
Inefficient workflows – data collection relied heavily on spreadsheets and emails.
High manual effort in transaction execution – processing manually required checks to prevent errors and lacked standardisation.
The solution
To address these issues, HP treasury launched a strategic initiative to develop an intelligent and scalable cash management automation tool to replace manual work. The ultimate goals were to improve cash visibility, reduce operational risk and enhance efficiency while enabling integration of AI capabilities. The solution consolidates cash data from multiple internal and external sources, streamlines decision-making, and ensures alignment with legal and cybersecurity requirements. By automating core workflows and reducing manual touchpoints, the tool empowers treasury to manage cash with greater speed, accuracy and control, supporting HP’s broader objective of scalable, cost-effective financial operations.
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Best practice and innovation
HP treasury’s solution exemplifies best practice and innovation by building a fully customised, intelligent automation platform, Treasury Management Assistant (TMA), that streamlines global cash operations across EMEA, AMS and APJ. Developed by a dedicated cross-functional team combining treasury expertise with technical talent, TMA is a standalone desktop application (built in C# on the .NET Framework) designed to integrate with HP’s TMS (SAP S/4HANA) and a broad ecosystem of internal and external data sources.
This tool has been deployed across most of the key countries in Asia in which HP has a big presence. The Asia region was the first treasury wanted to address given the complexity of the regulations which required higher level of manual interventions.
By combining intelligent automation with robust integration and AI-readiness, TMA represents a leap forward in operational efficiency, control and innovation. It exemplifies how treasury can lead digital transformation while ensuring scalability, compliance and business impact.
Key benefits
Cost savings.
Process efficiencies.
Increased automation.
Improved visibility.
Errors reduced.
Manual intervention reduced.
Future-proof solution.
Exceptional implementation (budget/time).
The TMA developed by HP Inc. is an innovation-led reinvention of global cash operations. Faced with the complexity of managing 926 bank accounts across 180 legal entities in three regions, HP built a custom, intelligent automation platform – not relying on off-the-shelf tools but designing a tailored solution from the ground up. TMA is more than just automation – it unifies fragmented systems, delivers real-time cash visibility, and intelligently recommends and initiates funding and FX transactions. It embeds robust controls to ensure regulatory and financial integrity, while also leveraging HP’s existing SAP S/4HANA ERP system and financial data infrastructure. This deep integration enables seamless connectivity with legacy systems and accelerates deployment, delivering faster time-to-value.
The result is a fundamental shift in treasury operations – from manual to intelligent, from reactive to predictive. What makes TMA truly unique is its forward-looking architecture. Designed with Microsoft Azure and generative AI capabilities (GPT-4o/o1 mini), it lays the foundation for advanced use cases like agentic AI and Retrieval-Augmented Generation (RAG) using internal financial data – setting the stage for a new era of autonomous treasury operations.
The TMA tool built by treasury, positions HP as a leader in redefining what’s possible in digital cash management.
The Adam Smith Awards Asia are the industry benchmark for best practice and innovation in corporate treasury. To find out more please visit treasurytoday.com/adam-smith-awards-asia
