By participating in a pilot project across BNP Paribas' international network, FAAC has now created a global, fully automated and harmonised, end-to-end liquidity structure that will grow with the group as it continues to expand.
Think instant payments are only for treasurers in consumer-facing businesses? Or that real-time payments offer just a handful of treasury beneﬁts? Then itís time to take a fresh look at what these schemes mean for cash and liquidity management, and how market innovations such as request-to-pay and auto-investment solutions are enabling treasurers to extract maximum value from the real-time environment.
With over $150m flowing into Ingram Micro subsidiaries across the world on a daily basis, having centralised visibility and control over that cash is a must. A global notional cash pool allows the company the flexibility to move cash swiftly between different legal entities - and without cumbersome intercompany loans.