A frequent user of bank guarantees to support its business, the treasury function at Arup was frustrated by using Excel spreadsheets for the application, maintenance and reporting of guarantees. Automating the process through a module from Trezone was the key to greater efficiency – and to reinforcing Group Treasury’s reputation as a proactive centre of […]
One of Australia’s largest listed companies, Wesfarmers was looking for a way to automate its confirmations and payments, notably those relating to foreign exchange (FX) deals. Seeking a solution that would integrate seamlessly with its treasury management system (TMS), Wesfarmers’ treasury team opted for SWIFT Alliance Lite2 – garnering significant cost and time efficiencies in […]
A diverse conglomerate, with more than 30 operating business units across the GCC, Almoayyed International Group (AIG) is constantly exploring avenues to improve finance and treasury processes through digitisation and automation. Here, Ajay Jain, CFO, AIG, outlines the transformation journey the group has been on with the help of BNP Paribas – and explains how […]
Believe it or not, real-time payments are already changing the face of treasury. They offer an opportunity to rethink legacy payments, collections and liquidity management processes, glean valuable data, and add strategic value to the business. Instant payments are also a huge enabler of real-time treasury. But the rewards can only be reaped if treasurers […]
Endemol Shine Group, a leading media company that produces and distributes multi-platform entertainment content, wanted to invest in new, longer-term projects to meet growing audience demand. But as a highly leveraged organisation, the company needed to self-fund these ventures. Treasury therefore embarked on a challenging but rewarding transformation journey to improve internal workflows and make […]
