Please login to access your profile

TMI Magazine

Cash & Liquidity Management

Before and After – Elopak Opts for Straight Through Processing

by Petter H. Haug, Group Treasurer, Elopak

Elopak is not complicated from a treasury perspective – the functions commanding the greatest time allocation being those of cash management and in-house banking. Our previous software was bought in the middle of the ‘90s and recommended by our core bank. However as the bank lost interest in the system, further development was very slow. Consequently we decided in early 2003 to go through the process of changing to a new supplier and after a thorough analysis of our needs and available systems, we selected AvantGard Quantum. The effects of STP are being illustrated with reference to one facet of our Treasury’s activities.

Banks to play key Role in Next - Generation SSCs

Download this article for free

Print Ready version of this article

Save PDFs of your favorite articles, authors and companies. Bookmark this article, or add to a list of your favorites within mytmi.

Register Today for FREE!

Share this article

Share article on LinkedIn

Share article on Facebook

Share article on Twitter

back to Cash & Liquidity Management category

People who read this also looked at these articles ...

Treasury Transformation through Troubled Times

Andreas Weindel, Group Treasurer, Webasto AG

Integration and Optimisation at Raymond James Financial

Elizabeth Eriksen, Assistant Vice President for Accounting Operations, Raymond James & Associates, Inc.

The New Generation of Commercial Cards

Manish Kohli, Managing Director, EMEA Wholesale Cards Head, Global Transaction Services (GTS), Citi

Optimising Cash Management in a High Performance Organisation

Matthias Brinkschmidt, Head of Cash Management & Treasury Controlling, Linde AG, Binod Patwari, Head of Finance & Control, South and South East Asia, Linde Gas Asia Pte. Ltd and Peter Langshaw, Global Head of Energy, Power, Chemicals, and Mining Sector, G

A Bespoke Approach to Commoditised Products

Helen Sanders, Editor

Cash Management Transformation in Asia

Leveraging Innovative Delivery Channels Across Financial Value Networks

Treasury Centralization - an essential guide for corporate treasurers

Implementing Technology to Achieve Group Strategy

Commodity and FX Risk Management – An Integrated Approach

Top Downloads

The CEO’s Guide to Corporate Finance

Managing Cash as a Corporate Asset

The PwC European Working Capital Study

The Changing Landscape of Treasury Risk Management

TMI is published in association with:

Click here for international partners

Treasury Management International showcases topical, pragmatic solutions and strategic insights on treasury, cash management, foreign exchange and other issues affecting treasury and financial professionals, together with treasury and finance news, education and opinion. With real-life treasury management experiences and case studies at its core, TMI provides valuable material for all practitioners - from experienced treasurers and CFOs to those new to the profession.

ADVICE TO READERS

While all reasonable care has been taken to ensure the accuracy of the publication, the publishers cannot accept responsibility for any errors or omissions. All rights reserved. No paragraph or other part of this publication may be reproduced or transmitted in any form by any means, including photocopying and recording, without the written permission of Treasury Management International Ltd or in accordance with the provisions of the Copyright Act 1956 (as amended). Such written permission must also be obtained before any paragraph or other part of this publication is stored in a retrieval system of any kind.

Registered in England and Wales Number: 05838515

Treasury Management International