Seize the benefits of one Europe - in a world of differences
With SEPA – the Single Euro Payments Area – the EU has succeeded in creating an entirely new framework. Now companies can centralise their corporate payment and cash management operations. However, SEPA can only resolve a few of the problems in a still diverse world. In the global marketplace, the key factor to achieve effective finance functions across boarders is to bridge national differences.
For many of our customers, managing flows of payments in Scandinavian and Baltic currencies is equally important as doing business in Euro, Sterling Pounds, US Dollars and Yen. As your business partner, SEB can provide you with the necessary tools and services to optimize your corporate cash management on an even more comprehensive level – regardless of geographical scope or type of organization. With the European Liquidity Optimizer™, we create standardized processes to deal with an as yet un-standardized world.
Your treasury and subsidiaries/Shared Services Centres will frequently have contrasting development requirements. However, in the best of the worlds there is a best practice we can strive towards. The goal is: One cash position, one payment factory, one accounts payable process etc.