Cash Pooling

In October 2017, Honeywell International announced its intention to spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, Turbo, into two standalone, publicly-traded companies. Here, members of...

Following the merger between Willis and Towers Watson, we reorganised and streamlined the newly combined group’s treasury function and decided to set up a new treasury centre in The Netherlands. The plan for the new centre was to consolidate and unify treasury...

As a world class elevator and escalator manufacturer KONE Corporation is committed to improving the flow of urban life. In treasury too, the focus is on improving flow, but rather of information and transactions. With operations in more than 60 countries globally,...

It’s that time of year when a crystal ball would be incredibly useful. As we navigate through the first quarter of 2018, Eleanor Hill, Editor, asks five leading treasurers what is top of their ‘to do’ lists for the year ahead – and discovers what pitfalls they...

In 2014, A. Schulman made the decision to embark on a global treasury transformation to support the group’s evolving business needs in a changing market and regulatory environment, and also to position the company for growth. A. Schulman’s treasury worked with PwC...

In 2014, David Flory, Head of Group Cash Management at HeidelbergCement, discussed the evolution of the company’s cash pooling strategy. This is a particularly complex undertaking as cement, aggregates and ready-mixed concrete production take place within close...

When Arnold Voet took up his position in Aalberts’ treasury department, he was confronted with a group made up of a multitude of small and medium-sized companies. These units had – and were meant to have – a great deal of responsibility and entrepreneurial...

Treasury has evolved substantially in recent years from effectively being a cash management function that operated in a largely siloed way from the rest of the organisation, to being a strategic and connected business enabler, whether across cash, liquidity, risk or...

Could you tell us a little more about the company and, in particular, your treasury function? Zalando is Europe’s leading online fashion platform for women, men and children with presence in 15 European markets. We provide our customers with a convenient one-stop...