Treasury Management Resources

case studies

Leveraging Technology to Drive Treasury Transformation at Alhokair

When deciding on a new TMS, Alhokair Group sought a single solution that could support its cash, liquidity, financing, investment and risk management needs across  domestic and international businesses, and integrate closely with their internal ERP and external partners such as banks. The team reviewed several platforms, many of which provided very strong capabilities. However, given the  changes that are taking place both within the business and the markets in which they operate, and the step change being made in treasury to move from manual processes to an automated, best-in-class operation, we were particularly attracted to the flexibility that TreasuryXpress offered.  >>>Read more

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Automated Liquidity and FX Solution Delivers Impressive Benefits at Clearsettle

Every day, Clearsettle receives ~$2.7M in transactions daily into numerous bank accounts across the globe.  The ability to track and manage these transactions accurately, make real-time payments back to the merchants while managing our own FX and internal liquidity, was becoming more challenging every day.  We did not have an efficient or centralized means to manage these transactions across more than 30 different banking systems. We knew we would soon be facing the perfect storm of high transaction volumes and FX complexity.

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Centralisation, Digitisation and Automation at Inchcape Shipping Services

Treasury has evolved substantially in recent years from effectively being a cash management function that operated in a largely siloed way from the rest of the organisation, to being a strategic and connected business enabler, whether across cash, liquidity, risk or financing. However, to achieve this transition, treasury needs the right tools to provide automation and control of treasury processes, visibility over cash and risk, and analytical tools to navigate the uncertain environment in which we operate.

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Centralisation, Digitisation, and Automation: A Story of Treasury Transformation

Inchcape Shipping Services (ISS) provides global strategic maritime, cargo and supply chain solutions to ship-owners and operators who span all geographies, market segments, vessels and asset types. Our vision is ‘to be the world leader in maritime and cargo services’. In 2014 alone, ISS successfully acted as the agent for: 65,885 port calls across 1,588 ports in 112 countries. 14,000 vessels globally handled 727,000 TEUs on behalf of more than 2,500 customers. Today, the company is one of the largest maritime services providers globally, with some 300 offices in 68 countries and a team of 3,900 professional and committed staff. While creating a convincing business case for centralisation and digitisation of the treasury function at Inchcape Shipping Serivces to enhance liquidity and risk management, we needed to bring together the wider business in support of the project was a more complex and significant task.

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Bank Account Management and Reporting Simplified for Continent-Spanning Corporation

ABSTRACT

As the leading provider of shopping malls, retail outlets, and leisure entertainment across the Middle East and North Africa, Majid Al Futtaim spans 14 international markets in nearly 40 countries, and employs more than 33,000 people.

The company's many diverse offerings support its simply stated yet profoundly important mission: Create great moments for everyone, every day. But until recently, Majid Al Futtaim's diversity and geographic range were creating some not-so-great moments every day for the company's treasury officers. So a few years ago the treasury team at Majid Al Futtaim decided it was time for action. Enter TreasuryXpress.

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