How Daimler Truck Built a Fully Independent Function in 18 Months.

The challenge

Following the corporate demerger from Mercedes-Benz, Daimler Truck faced the complex task of establishing a fully autonomous treasury function under strict legal, operational, and resource constraints. Treasury operations needed to be separated from the former parent company’s infrastructure to meet regulatory requirements, while operating with a significantly leaner team. Legacy technology was no longer fit for purpose, and a complete transformation was required — not incremental change.

The solution

Daimler Truck partnered with SkySparc to support critical elements of the transformation, with a strong focus on complex data migration, reporting redesign, and automation. Rather than replicating legacy processes, the project delivered a simplified, future-proof treasury architecture aligned with Daimler Truck’s specific needs.

SkySparc supported the programme with automated, audit-proof migration and archiving processes, enabling secure data conversion, repeatable testing, and business continuity throughout the transformation. The project was completed within an ambitious 18-month timeline, despite its scale and complexity.

Key outcomes

• Fully independent and modern treasury function
• Significant automation and reduced manual intervention
• Improved visibility, control, and compliance
• Lean, scalable architecture aligned with business needs
• Successful delivery within time and budget constraints

Industry recognition

The transformation was recognised by Treasury Today as a standout example of strategic execution and innovation in treasury, earning Highly Commended status at the Adam Smith Awards 2025.