Cash management debate: Show me the money
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Cash management debate: Show me the money

In a cash-scarce world, electronic bells and whistles take second place to systems and partners that help clients marshal their global liquidity as quickly and visibly as possible. Maximizing working capital throughout the supply chain is now a necessity, not a luxury. Clients and banks must change.

Executive summary

• Cash must be immediately visible, centralized and available

• Integrated working capital solutions have direct, significant and beneficial impact on the balance sheet

• Extracting liquidity from working capital can free up billions of dollars

• Inefficiency is now too costly to tolerate

• Risk minimization has become a priority

• Supplier financing solutions have come of age

Cash management debate: Learn more about the panelists

Jack Large Clearly, post-crisis, this industry is at a turning point and banks have different views of the transaction servicing area. What are the key objectives of this business now?

MK, Panalpina For us it is a fully integrated system for pooling, payments and collection with independent bank communication, all based on centralized management with full visibility and access.

VP, FCC The key element for us is to have our cash at the right place at the right time, at favourable prices and with good service. And we need risk control over the FX and interest rate positions of all our subsidiaries around the world. For that more automation is needed: automatic cross-border pooling optimization at the same value dates across regions and the monetization of EU payments through Sepa [the Single Euro Payments Area].

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