What are the best practices for setting up a payments factory - and is it possible to drive similar efficiencies on the collections side?
Prompted by its SEPA migration project, Nu Skin implemented SWIFTRef to automate the maintenance of counterparty bank account information, providing considerable referential integrity in the process.
Irrespective of the degree of centralisation within a group, it is possible to achieve substantial liquidity improvements, together with reduced costs and better visibility over cash and risk - as shown by these three case studies.
In order to cope with its substantial growth, Linamar’s Group Treasury is taking a three-tiered approach to enhancing visibility and control over cash, maximising liquidity and optimising investment decision.
Alstom's regional treasurer tells us how the company is using innovative technology to address the challenges of a multi-bank environment in China.
In 2010, Novartis embarked on a major finance transformation programme to position treasury and the wider finance function as best-in-class for the pharmaceutical industry.
To what extent are companies able to leverage SEPA, and which major areas require attention for a successful SEPA project? The Editor speaks to several experts and corporates in search of an answer.
Drawing conclusions from two extremely useful case studies that deal with different aspects of payment centralisation.
At the start of 2011, Merck embarked on a project to rationalise its banking partners and streamline its cash management activities. Despite ambitious targets and an aggressive timeline, Merck's treasury has achieved impressive results within nine months …