Treasury is an increasingly technology-enhanced function, and some treasurers have taken their involvement to the next level, building their own solutions. In the company of those who have travelled this path, we explore the build-buy-partner conundrum. Build your own Treasury technology is becoming increasingly useful and, with the advent of cloud, arguably cheaper to acquire […]
Joyson Safety Systems switched from an existing Excel-based forecasting tool to a much more efficient web-based solution, but the project was set against a very tight deadline. Here’s how Britta Baier, Director EMEA Corporate Finance & Treasury, and her team, made it happen. When Joyson Safety Systems (Joyson) set out to implement comprehensive and uniform […]
Working capital is often viewed by treasurers through a cash and liquidity lens. But this laser focus means that opportunities for efficiency can be slipping through the cracks. At a time of unprecedented uncertainty, cross-functional data dashboards and machine learning could help treasurers to break down barriers and unlock hidden working capital efficiencies across their […]
Created from a triple merger, Ocean Network Express (ONE) had just nine months to digitise, streamline and automate treasury processes. Here, Toshiaki Ichida, General Manager, Treasury, ONE, is joined by Ziad Kabbara, Global Sector Head, Transportation, Aviation and Logistics, and Clarice Kwa, Vice President, Transportation, Aviation and Logistics, Global Liquidity and Cash Management, HSBC, to […]
By now, most treasurers will have heard of SWIFT gpi – the solution that is speeding up cross-border payments and delivering track and trace capabilities. But not all treasurers have grasped the game-changing potential of gpi, or that it isn’t just for treasury functions that are SWIFT-enabled. Christof Hofmann, Global Head of Payments and Collection […]
Building a European treasury hub from scratch is no mean feat – especially when you are aiming to take efficiency gains to a whole new level. Here, Christian Fraisl, Head of Accounting, VAT & Treasury and Regional Compliance & Ethics Officer, Aspen Healthcare, and Bhairav Mehta, Head of Cash Management, BNP Paribas, South Africa, explain […]
Spanish-based hotel group, NH Hotel Group, was operating a manual, decentralised treasury structure, which was hampering cash visibility and control. Here, Luis Martínez Jurado, SVP Financing & Treasury, NH Hotel Group and Máximo Sanz, Senior Cash Management Executive, BNP Paribas, explain how they collaborated to deliver an impressive digital transformation for the group, resulting in […]
As of today, 5 June 2018, Hanse Orga Group has become ‘Serrala’ – a new brand for a technology-driven world, but one that still embodies the core values that clients know and expect, says Sven Lindemann, CEO, Hanse Orga Group. As well as rebranding, the company has also launched a new cloud solution for cash […]
Never ones to accept the status quo, Vanessa Manning and Paul Cuddihy, Deutsche Bank, talk to Eleanor Hill, Editor, TMI, and explain how virtual accounts can fall short of expectations, and the need for virtual ledger management (VLM) to truly transform the way treasurers manage their liquidity. Box 1: Virtual accounts: a refresher The term […]
It might sound too good to be true, but there is a way to gain greater visibility over group cash, reduce payments fraud, and extract further value from your ERP – without migrating decentralised subsidiaries into the ERP environment. In this month’s Executive Interview, Sven Lindemann, CEO of Hanse Orga Group, explains the benefits of […]
Fashion leader OTB, parent company of major brands such as Diesel, Maison Margiela, Marni, Paula Cademartori and Viktor & Rolf, is a pioneer not only in its core business, but also in cash management. In 2016, in co-operation with partner bank UniCredit, OTB implemented an innovative virtual account solution in order to gain efficiency in […]
