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Liquidity management at AkzoNobel shows payment factory‘s vital role

Marco Schuchmann, AkzoNobel's Manager Payment Factory & Operations, in his excellent presentation at the Eurofinance Conference in Rome, entitled 'What does streamlined cash management mean?' used an important slide to show how a Payment Factory that both makes and collects payments removes the need for sweeping and pooling.

Overall Liquidity Approach at AkzoNobel

Source: AkzoNobel

The other important lesson from this slide is the point that main activity in liquidity management in Restricted and Closed Economies is basically corporate finance.

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This item appears in the following sections:
Cash & Liquidity Management
Cash Concentration
Cash Flow Management & Forecasting
Payment & Collection Factories
Case studies


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