Archive for March 2019
In times of uncertainty, businesses tend to look inwards. Decisions are made to reduce outgoings, capex and R&D projects are shelved, and costs savings are made where possible. Invariably, suppliers are caught up in the cash conservation initiatives, as businesses tend to push out payment terms to improve days payable outstanding (DPO) figures. But this … Read more
Changing treasury management system or moving from several different treasury systems to a single integrated system can be a long and complicated process that drains both time and energy. But Intrum, a credit management services company with headquarters in Sweden, was able to change treasury management systems quickly, conveniently and seamlessly. “We just slid right … Read more
All economic indicators now seem to be heading in the same direction: downwards. But it appears to be more of a slowdown than a full recession coming up. We can see this pattern in Sweden as well as global. With a few variations it is a quite similar picture throughout the economies.
Before you embark on a digitalization project, there are a few key things to consider. First you must know where to digitalize and how to prioritize your ongoing changes. To understand this you must identify the time that absorbs too much energy in your business. This is the belief of Lars Beckman, CEO at Core … Read more