Leading eyewear group Luxottica recognised the introduction of SEPA as an opportunity to rationalise their cash management bank relationships, particularly in central and eastern Europe, and streamline bank connectivity based on a single platform.
Good cash management requires the managing of cash flows, bank accounts and ensuring sufficient funds to meet the financial obligations of the company. In this module, treasury consultant David Blair guides you through the best practice of cash and liquidity management.
The increasing opportunities presented by digitisation, alongside the resilience of treasurers, are allowing companies in Africa to build business models that will not only withstand current problems but also emerge better-equipped to pursue further growth.
Competition is tight in this dynamic sector, with no room for mistakes on exchange rate movements or inaccurate pricing. The key to surviving and thriving in this sector is to ensure optimum efficiency across the company whilst also keeping an ear to the ground for incoming threats to the status …