TMI is published in association with:

Issue 163 - March 2008

Implementing a Business Support Centre at AVIS Group

by Mark Kightley, Shared Services Director, AVIS Group

Categories: Cash Management, Intercompany Financing, Shared Service Centres, Strategic Treasury, Other, Outsourcing

Four years after successfully implementing a shared service centre in Budapest, Avis decided that it needed to develop further efficiencies by implementing a standardised systems infrastructure. The company established the criteria for a financial software solution, ultimately opting for the ‘Neon’ version of Coda. The author describes the initial rollout in several European countries, summarises the benefits of the system and outlines the planned future stages.

download the PDF

email this article to a friend

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

1st in the Deutsche Bank 'best practice' series

Deutsche Bank

The JPMorgan Asset Management 2007 Global Cash Management Survey

JP Morgan Asset Management

Meeting the Cash Management Needs of Nordic Companies

Pontus Ljungh, Head of Corporate Cash Management Sales, Nordics, Global Transaction Banking, Deutsche Bank AG

ING Guide to Financial Supply Chain Optimisation

by Gregory Cronie, ING Wholesale Banking, Payments and Cash Management Sales

Online Directory

To list your company contact TMI

Thought Leadership Articles

Getting to Grips with Working Capital

Alexandre Clar, Director, Global Treasury (EMEA), PPG Industries

Leveraging an ERP System in a Shared Sevices Centre Environment

Fiona Deroo, Executive, International Business Development Office, Global Corporate Treasury, Bank of America Merrill Lynch

Shared Service Centres and Opportunities for Outsourcing in the Middle East

by Anand Misra, Regional Head of Sales (Corporate and Institutional Banking), Global Transaction Banking, HSBC Middle East

Sibos Reflections

Helen Sanders, Editor