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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.


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

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