by Federica Vello, Treasury Manager, Geox S.p.A.
Since the end of 2015, leading footwear company Geox, together with partner bank UniCredit, have collaborated in an ambitious project to rationalise and streamline cash management processes, bank relationships and connectivity. Geox has a centralised treasury based at its Italian headquarters. The team comprises Federica Vello and ten further treasury and finance professionals including four in back office, two in vendor relations, three responsible for sales audit, and one person who runs the cash desk and manages travel expenses. In this article, Federica Vello, Treasury Manager of Geox S.p.A. describes the background and objectives of the project together with the progress they have made so far.