Chocolate is a very global business. Just ask Jurgen Auerbach, the CFO of Ghirardelli Chocolate Co., who is on the road almost as many days as he is in his office at the San Leandro, Calif.-based confectioner. In particular, he is a frequent flier between California and Kilchberg, Switzerland, headquarters of Ghirardelli's parent Lindt & Spr
ngli Group.
This was a problem for Ghirardelli's finance department, which has no treasurer and needs Auerbach to be able to approve wire transfers in less than an hour at times. The solution: Wells Fargo Co.'s Commercial Electronic Office (CEO). These days, Ghirardelli gets nearly all of its cash management service through CEO, a single electronic portal, even as many companies resist moving any closer to straight-through processing or relying on Web-based, real-time systems.
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