– our blog on treasury management and working capital solutions.
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
Core Process’ business partner, market-leading working capital solutions provider Taulia, rounded off a year of spectacular growth marked by numerous high-profile achievements. To highlight one, businesses accelerated 24 billion dollar through early payments via Taulia, doubling from 12 billion dollar in 2017.
Not all working capital optimization projects are equal. Once your company has decided to tackle this area, a number of decisions will need to be made. From setting out your objectives to adopting a strategic approach, here’s what you need to consider: Set clear goals First and foremost, it’s important to be clear about your … Read more
Of course Core Process attends the leading Swedish conference Nordic Cash & Treasury Management, March 19-20th. You can already read the conference’s own interview with our CEO Lars Beckman about the digitalization of the business: ”Digitalization in itself is not much of a help. First you must know where to digitize and how to … Read more
In today’s competitive marketplace, it’s no secret that business models are evolving rapidly as start-up firms challenge traditional businesses. Keeping up with the pace of change is crucial for all concerned – and given that business cycles are growing ever shorter, speed is of the essence.
We are excited to announce that our treasury partner BELLIN has again been recognized as an industry leader, winning the 2018 Awards for Innovation & Excellence in Treasury & Risk Management for Best Cash & Treasury Management Solution. In addition, one of BELLIN’s clients, Ferguson has won a Corporate Recognition Award for their “Future-Proofing Treasury” project, in which they utilized BELLIN’s award-winning solution.