Using spreadsheets is no longer a viable or suitable option for the treasury of a business that has grown so dynamically and operates globally, with 90 subsidiaries in over 110 countries. The Sartorius treasury team would never be able to meet the process and reporting requirements without system support. This is why any entities and units that are acquired are quickly integrated into the centralized structure in order to standardize processes.
Currency management is only one of the key issues for Wacker Neuson’s treasury. Reliable, secure payments are the top priority of the groups treasurer.
Achieving efficient and optimized working capital management is a key area of responsibility for Dussmann’s treasury team.
In this case study, the group treasurer of South Africa’s Imperial Group describes the generic and specific challenges of its treasury environment, and how an integrated team works together to achieve best practice treasury and risk management results.
This month’s meeting of the financial planning and analysis (FP&A) board of senior practitioners in London discussed the pros and cons of rolling forecasting, how best to introduce it and heard a case study from Maersk Group about how the shipping, transport and oil firm has benefitted.