Leveraging Technology for Value Creation

GN Group is a global leader in intelligent audio solutions, with key brands: Jabra; ReSound; Beltone and Interton marketed in 100 countries globally. Through these innovative products, GN enables users to hear more, do more and be more than they thought possible. This same aspiration extends to treasury which is constantly striving to achieve better visibility over data and transactions, enhanced productivity and an even greater ability to add value to the group in new ways as it pursues its growth strategy. To achieve these objectives, treasury needs to leverage new technology to deliver greater efficiency, address changing risks, enable centralisation and provide a platform for future growth.

Key Points

  • GN Group, supplier of intelligent audio solutions, has recently expanded its treasury team and is undertaking the optimisation of centralisation, efficiency and automation
  • The decision was taken to implement a TMS and Kyriba was chosen as the treasury hub, providing one-stop connectivity with the group’s banking partners via SWIFT
  • Although still in the early stages of implementation, some objectives, including cash and treasury management capabilities across the group, have already been achieved
  • Further plans include the use of XML ISO 20022 formats and the completion of the roll-out of Kyriba and SWIFT across the group’s banking and user community

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GN Group

GN Group

Financial Technology Series (49 articles)


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