Technology Transformation as a Catalyst for Treasury Excellence
by Katja Zimmermann, Head of Corporate Treasury, Heidelberger Druckmaschinen AG
Heidelberger Druckmaschinen Aktiengesellschaft (‘Heidelberg’) has a highly professional approach to treasury organisation, processes and technology, with a view to maximising efficiency and control, and reducing costs. In 2012, Heidelberg’s existing treasury technology provider announced the termination of support for the platform, prompting Heidelberg to seek an alternative solution. In addition to managing the selection and evaluation of a new treasury solution successfully, the project has been a catalyst for enhancing bank connectivity and extending the reach of the Group’s financial shared service centre (SSC).