The Treasury
– our blog on treasury management.
Blog
Six Profitable Reasons to Invest in a Treasury Management System
In today’s rapidly evolving business landscape, safeguarding liquidity and navigating complex financial challenges are paramount. Legacy systems and manual processes are no longer sufficient. By investing in a Treasury Management System (TMS), you will empower your organization and rise above the competition. Here’s why: 1) Reduce Manual Processes Bid farewell to time-consuming manual tasks. With … Read more
Blog
Rebuilding the house – how to digitalize treasury in a transition phase
Imagine you are the CFO of a listed, matrix organized company. You get acquired by private equity owners who commission the group to restructure into three independent business units. One of the missions you get: Fix and digitalize all operations in 15 months. How do you get the work done? Åke Bengtsson, CFO Gunnebo Group, … Read more
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The digitalization of treasury: Let robots do the job!
The finance department of Swedish construction group Peab handles about 1 200 guarantees every month to its about 40 different subsidiaries. Administrator is Roberta: a supereffective and safe robot working with Coupa Treasury. “No human had been able to make all controls required every month. She makes an incredible job”, states Louise Strömberg, system administrator … Read more
Blog
Five steps to accountable cash forecasts
Accountable cash forecasts have always been a challenge for large, global organisations – but yet critical for cutting financial costs and avoiding temporary insolvencies. The corona pandemic underlines the need for cash visibility and frequent and accountable cash forecasts. So, how do you succeed in this? The short answer is: Invest in an integrated Treasury … Read more
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How treasury management systems can bring value instead of stress
With the main business conference Eurofinance coming up in October in Copenhagen, it is time to warm up with some business intelligence. We are living and working in the fourth industrial revolution with rapid changes as a consequence of digitalization, automation and machine learning. The impact of technology on treasury is significant. If your corporation … Read more
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How will open banking impact treasury?
Interview with Karsten Kiefer, BELLIN, on open banking, APIs and the future of bank connectivity. With financial data increasingly digitized and moved to the cloud, disruptive approaches have become available to fintechs and corporates have gained access to new and revolutionary opportunities. One such opportunity is open banking, also known as API banking. In this … Read more
Blog
How to get treasury more effective
International corporates need to handle internal loans, currencies and payments in several countries – safe and easy. How do you meet this challenge? The answer is integrated and transparent treasury systems, using machine learning and automation. We are in the midst of the fourth industrial revolution. It is a rapid and profound change of the … Read more
Blog
Treasury management system: Changing from routine to strategic work in six months
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