Multilateral netting is one of the most underestimated ways to optimise intercompany payments and group performance. Martin Bellin, Founder and CEO of the BELLIN Group, explains why multilateral netting deserves a little more attention - and how treasurers can make the most of it.
A variety of organisational factors make cash flow forecasting challenging in any large multinational organisation. Pearson's new artificial intelligence based solution aims to provide a detailed cash flow forecast in a single dashboard.
Working closely with HSBC’s Global Liquidity & Cash Management (GLCM) team, TfL introduced HSBC’s Beneficiary Self-Management solution early in 2018. This solution is designed to speed up repayments and avoid the inefficiencies of making one-off, low value Oyster card refunds. We find out how TfL implemented it in order to enable better decisions and improve quality of life.
NH Hotel Group have centralised the group’s liquidity at local and global level, creating a market-leading solution in the hospitality sector. We find out more about their collaborative, award-winning transformation project, which was undertaken in partnership with their banking partner, BNP Paribas.
The industry has created confusion by using the term ‘virtual accounts’ to describe a wide range of products. This article aims to demystify the terms being used to describe Virtual Account Management (VAM) or Virtual Ledgers, as well as assessing the capabilities available today and in the future.