Results for ‘TMS Selection Service’
TMS Selection Service – Boost the traditional selection process using bespoke technology!
Do you have difficulties setting out your treasury technology requirements (both from a functional as well as IT perspective), or matching those to the latest capabilities of a modern Treasury Systems? Are you wishing for a technology selection process that is less cumbersome and time consuming? If you said ‘yes’…
Read moreManaged services
What happens when your cash manager is unexpectedly absent? Or you need niche technical or functional expertise to get a TMS up and running? Zanders gives you access to the support you need when you need it most.
Read moreMaking a SWIFT Decision: Alliance Lite or Service Bureau?
Corporate treasurers often look to SWIFT to standardise cross-border messaging, to facilitate payments and other financial transactions, and to avoid being bound to one bank’s proprietary system. With SWIFT’s launch of the cloud-based new Alliance Lite2 (AL2) last year and the recent introductions of new requirements and certification of SWIFT…
Read moreExploring the Shift: From ‘Best of Breed’ to ‘Integrated’ Treasury Management Systems and vice versa
In large organizations, the tendency is to select large scale ERP systems to support as much of the organization's business processes within this system. This is a goal that is driven typically by the IT department as this approach reduces the number of different technologies and minimizes the integration between…
Read moreBolt chooses treasury efficiency in scale-up of business
Mid 2023, Bolt successfully implemented its new full-fledged treasury management system (TMS). With assistance of Zanders consultants, the mobility company implemented Kyriba – a necessity to support Bolt’s small treasury team. As a result, all daily processes are almost completely automated. “It's about reliability.” Bolt is the leading European mobility…
Read moreThe 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…
Read moreSony’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…
Read moreSulzer’s new market data platform
The new data system now takes care of the storage, conversion and application of data needed for treasury, to determine the rates for its loans, forwards or swaps. Sulzer is a Swiss industrial engineering and manufacturing firm that specializes in pumping solutions and offers services for rotating equipment and technology…
Read moreHow Takeda centralized its payments
To standardize banking connectivity worldwide, record all financial instruments and increase cash visibility, Takeda implemented Kyriba Treasury as its TMS back in 2019. Subsequent to this initial implementation, a second phase of the project – to implement the Payments module of the TMS – was embarked upon in 2022. For…
Read moreAccell 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…
Read moreInhouse bank & payments
By introducing an advanced inhouse bank structure, we unlock better performance by empowering your treasury to centrally scrutinize cashflows, net intercompany positions, optimize FX trading, and allocate liquidity in the most optimal way
Read moreA streamlined way to deliver your digital treasury strategy
The importance and benefits of delivering a digital strategy for treasury operations are well understood. For many organizations, however, there is a significant barrier that may prevent them from being able to successfully implement. In this article, we discuss how to overcome that barrier, resulting in an accelerated process to…
Read moreRegional optimization in times of corona
Just as growing companies plan to expand their operations internationally, corporate treasurers seek to identify new opportunities and take on challenges. The two seem to go hand in hand, as new challenges and difficulties materialize around every corner. Certainly the most daunting challenge that the global economy has been presented…
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 moreTP Vision separated TV business from Philips: A major transformation behind the TV screens
TP Vision was founded on the combined assets and skills of two prominent players in the TV business: based in Amsterdam, it is 70% owned by TPV and 30% by Royal Philips Electronics. TP Vision is the exclusive brand licensee of Philips TV in Europe, Russia, Middle East, Brazil, Argentina,…
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 moreThree regional treasuries, three sets of requirements: one RFP for WPP
WPP has treasury operations on three continents and each center has its own individual needs. The company needed to devise a request for proposals (RFP) for implementing a new treasury management system (TMS) and Swift-based bank communication that would serve the diverse needs of each regional office. Zanders worked on…
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