Results for ‘Treasury’
A spin-off for AkzoNobel’s treasury
Dutch company AkzoNobel is known worldwide for its coatings and specialty chemicals for both industry and consumers. As part of a new strategy to accelerate growth and value creation, the multinational decided to spin off its chemicals division. The challenge was to do this in just eight months. How did…
Read moreEndemol Shine Group’s new Treasury show
Endemol Shine Group (ESG), a private equity-owned, Dutch-based media company with global operations, is the world’s largest independent producer and traveler of formats. The company has grown mainly through acquisitions, resulting in a treasury organization that was largely decentralized. In 2017, the new treasury team opted for a full treasury…
Read moreZanders & SAP Roundtable: Unlocking the value of S/4HANA using Treasury First concept
SAP S/4HANA provides a lot of new functionalities which treasury departments would like to use immediately to add value to the company. However, many treasury departments struggle with the approach to make use of these new functionalities: wait until the whole company migrates to S/4HANA or is it an option…
Read moreThe treasury impact of JCI’s strategic transactions
JCI is the global leader and largest manufacturer of automotive batteries, powering nearly every type of passenger vehicle, heavy-duty and light commercial trucks, motorcycles, golf cars, lawn and garden tractors, and marine applications, and a leading provider of building technology, products, and solutions (building automation & controls, HVAC, refrigeration, fire,…
Read more7 Steps to Treasury Transformation
Treasury transformation refers to the definition and implementation of the future state of a treasury department. This includes treasury organization & strategy, the banking landscape, system infrastructure and treasury workflows & processes. Introduction Zanders has witnessed first-hand a treasury transformation trend sweeping global corporate treasuries in recent years and has…
Read moreSustainable steps towards global treasury
Expansion into new markets brings challenges on many levels, not least of all financially. When Sulzer, a leading provider of products and solutions in markets such as oil and gas, power, water, and transportation, decided that it needed best-practice treasury and cash management processes to support the developing business operations,…
Read moreGlobally Integrated: The implementation of Owens Corning’s new treasury management system
An iconic character symbolizes the global leader in fiberglass technology. The Pink Panther – an idiosyncratic, elegant, aristocratic yet cuddly cartoon character – is the official corporate mascot of Owens Corning. How much success the character has brought is difficult to quantify. But the fact remains that the American company,…
Read moreConverging on resilience: Integrating CCR, XVA, and real-time risk management
However, CCR remains an essential element in banking risk management, particularly as it converges with valuation adjustments. These changes reflect growing regulatory expectations, which were further amplified by recent cases such as Archegos. Furthermore, regulatory focus seems to be shifting, particularly in the U.S., away from the Internal Model Method…
Read moreEnhancing Centralized Payment Processing in SAP: Innovations in Advanced Payment Management
Historically, SAP faced limitations in this area, but recent innovations have addressed these challenges. This article explores how the XML framework within SAP’s Advanced Payment Management (APM) now effectively handles complex payment formats, streamlining and optimizing treasury functions. SAP Bank Communication Management (BCM) has been SAP’s solution for integrating a…
Read moreInsights into FX Risk in Business Planning and Analysis
In a world of persistent market and economic volatility, the Corporate Treasury function is increasingly taking on a more strategic role in navigating the uncertainties and driving corporate success. Even in the most mature organizations, the involvement of the Treasury center in FX risk management often begins with collecting forecasted…
Read moreOptimizing Global Payments: The Growing Role of EBICS
Security in payments is a priority that no corporation can afford to overlook. But how can bank connectivity be designed to be secure, seamless, and cost-effective? What role do local connectivity methods play today, and how sustainable are they? This article provides an overview of various bank connectivity methods, focusing…
Read moreA multi-faceted refinancing for C. Steinweg
C. Steinweg Group is a market-leading logistics and warehousing company with over 6,250 employees and warehouses and terminals that span more than 100 locations in 55 countries worldwide. With 175 years plus experience of storage, handling, forwarding and chartering services throughout the world, the company is a renowned and respected…
Read moreUncertainty meets its match
In brief Despite an upturn in the economic outlook, uncertainty remains ingrained into business operations today. As a result, most corporate treasuries are experiencing operational challenges that are beyond their control. Treasuries that adapt by embedding more resilience and flexibility into their operations will be the ones that forge ahead. …
Read moreZanders expands US footprint and strengthens leadership with hiring of new partner, Karsten Kohl
Utrecht, The Netherlands – September 10, 2024 – Karsten Kohl joins treasury and risk consultancy Zanders as Partner in the US. With his specialized knowledge and experience in the area of SAP Treasury implementations, he provides support in global transformation projects. With his consulting background, Karsten brings far-reaching experience in…
Read moreCorporate Risk Strategy
We find the balance between stability and opportunity, to create a controlled environment aligned to both your risk appetite and risk bearing capacity.
Read moreUnlocking the Hidden Gems of the SAP Credit Risk Analyzer
While many business and SAP users are familiar with its core functionalities, such as limit management applying different limit types and the core functionality of attributable amount determination, several less known SAP standard features can enhance your credit risk management processes. In this article, we will explore these hidden gems,…
Read moreDefault modelling in an age of agility
In brief: Prevailing uncertainty in geopolitical, economic and regulatory environments demands a more dynamic approach to default modelling. Traditional methods such as logistic regression fail to address the non-linear characteristics of credit risk. Score-based models can be cumbersome to calibrate with expertise and can lack the insight of human wisdom.…
Read moreSAP Commodity Management: The Power of an Integrated Solution
The recent periods of commodity price volatility have brought commodity risk management to the spotlight in numerous companies, where commodities constitute a substantial component of the final product, but pricing arrangements prevented a substantial hit of the bottom line in the past calm periods. Understanding Commodity Risk Management is…
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