Results for ‘Treasury’

Driving Treasury Innovation: A Closer Look at SAP BTP

The SAP Business Technology Platform (BTP) is not just a standalone product or a conventional module within SAP's suite of ERP systems; rather, it serves as a strategic platform from SAP, serving as the foundational underpinning for all company-wide innovations. In this article, we will delve deeper into some of…

The step back that turned ASICS’ Treasury into a ‘Corpore Sano’

With this came the decision to set up a new company code to separate ASICS Europe’s treasury activities from its commercial activities. Apart from the pros, it raised new challenges too. ASICS stands for ‘Anima Sana In Corpore Sano’, loosely translated ‘a sound mind in a sound body’. This Japanese…

Sony’s Global Treasury Transformation

Sony decided to start Digital Transformation (DX) of global treasury functions by launching the METRO Project officially in May 2018 and completed it by October 2020, working remotely under the COVID-19 global pandemic. One of the biggest achievements of this project is the automation of the FX trading process. It…

Kongsberg Automotive’s road map to a transformed treasury

In a short period, the company took several steps in maturing its treasury, so successfully that it received an Adam Smith Award. How did Kongsberg Automotive manage to achieve this? Since the late 1950’s, Kongsberg Automotive has developed from a Scandinavian automotive parts supplier to a global leader in one…

Accell Group moves up a gear with Treasury

So how exactly did the European market leader in bicycles achieve these goals? Accell Group is the European market leader in the mid- and upper-segments for high-quality bicycles and associated parts and accessories (XLC). Employing over 3,000 people across 18 countries, Accell Group manages a strong portfolio of national and…

EuroFinance International Treasury Management

Cryptocurrencies and Blockchain: Navigating Risk, Compliance, and Future Opportunities in Corporate Treasury

As a result of the growing importance of this transformative technology and its applications, various regulatory initiatives and frameworks have emerged, such as Markets in Crypto-Assets Regulation (MiCAR), the Distributed Ledger Technology (DLT) Pilot Regime, and the Basel Committee on Banking Supervision (BCBS) crypto standard were launched, demonstrating the growing…

ISO 20022 MT MX migration – What does this really mean for Corporate Treasury?

The start of the migration from the SWIFT FIN format to the new ISO 20022 XML format, which is a banking industry migration that must be completed by November 2025. Whilst at this stage the focus is primarily on the interbank space, there will be some impact on corporate treasury within this…

SAP Treasury & Working Capital Management EMEA

Treasury Resilience

Treasury Digitalization

Treasury Operations

Treasury Strategy

By Need – Treasury

Treasury

Treasury trends 2023

With year-end approaching quickly it is a natural moment to look back, zoom-out a bit and look forward to the coming year(s). Last year was, for most treasurers, a bumpy road. We witnessed another year with uncertainty and volatility in the financial markets due to the residual effects of the…

A new kid on the block – Is SAP Treasury becoming a viable alternative during Treasury Carve-outs?

Having to do this as part of a transaction where part of an existing business is being sold adds a major challenging element: time. Time pressure together with the uncertainty of who will be the ultimate buyer (Financial Investor vs. Strategic Investor with an existing treasury function) requires many key…

Simpler Treasury Implementation – SAP Activate & Best Practices for SAP S/4HANA

Greg Williams, senior manager at Zanders, tells us what this is, how it can accelerate implementations, and informs us about new developments in 2023. In previous articles we covered a perspective on the different types of deployment options available for SAP S/4HANA – i.e. On-Premise, Public Cloud and Private Cloud.…

Treasury Transformation

Trade finance in SAP – treasury function supporting your global trade process

Initial functionalities to support trade finance were introduced in SAP Treasury Transaction manager relatively recently in 2016, within the ECC EhP 8 version. Covering the obtained and provided guarantees and letters of credit, they offer a seamless integration between the processes in treasury and the purchase-to-pay, order-to-cash area. Trade finance…