For Unilever, one of the world’s largest consumer goods companies, efficient data management is key to treasury operations. Its products are used by around two and a half billion people every day, across more than 190 countries. Last year it had turnover of €51 billion, of which 58% came from emerging markets.
The treasury team is based in Switzerland with front office, corporate finance, international funding and banking relations teams.
It uses a separate treasury management system (TMS) in addition to its Systems Applications and Products (SAP) system, and has around 2,500 bank accounts across its 600 entities globally.
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