Cash & Liquidity Management
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Streamlining Cash Management in a Decentralised Global Company

Streamlining Cash Management in a Decentralised Global Company

by Marco Schuchmann, Head of Treasury Operations and Payment Factory, AkzoNobel

As readers of TMI will be aware following the series of interviews with Peter van Rood, Corporate Director, Treasury, AkzoNobel during 2010, and the article in March 2011, the company embarked on a major cultural and business organisation transformation. From a treasury perspective, this involved taking the department from an operational function conducting payments to a strategic partner for the business, providing the financial efficiency and risk mitigation that positions the company for the next stage in its development.