– our blog on treasury management and working capital solutions.
We have started this year by attending two interesting conferences: the Bellin user conference 1TC and the business conference Nordic Cash and Treasury. So has Johan Isaksson, Group Treasurer of Itab, one of Europe’s leading suppliers of shop concepts. We called him up to get his main takeaways from these events. Bellin 1TC is a … Read more
Third party solutions for managing payments and working capital are growing on a global scale. As a buyer you might ask yourself: How can we benefit from this? In this article I’ll show you how, and explain why third party solutions are growing. I recently opened an account with a connected bankcard with a neobank, … Read more
We’ve looked at the importance of setting clear goals in a working capital optimization program, as well as the need for a strategic approach and the issues to consider when choosing a partner. Now let’s explore how you can measure the success of your program. Working capital metrics The basic metrics used in any working … Read more
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