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
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.
Like this item? Get our Weekly Update newsletter. Subscribe today