PAYMENT FACTORIES 2011

Centralising treasury processes through payment hubs to improve control over cash in a global organisation

In the Chair:

Ole Fogtmann Group Cash Manager

DSB GROUP FINANCE

Hear from your eminent Speaker Panel:

Johan van der Westhuizen Director Control Treasury
AKZONOBEL

Tor Stian Kjøllesdal Head of Central Payment Unit
STATOIL ASA

Erik Bogentoft Operations Director – European Financial Shared Service Centre
ASTRAZENECA

Siri-Anne dos Santos Director of Cash Management
YARA INTERNATIONAL

Laura Hänninen Treasury Specialist, Cash Management
TIETO CORPORATION

Markus Hautala Director, Financial Messaging Services
TIETO CORPORATION

Professor Lars Oxelheim Institute of Economic Research
LUND UNIVERSITY SCHOOL OF ECONOMICS AND MANAGEMENT

Associate Professor Claus Parum Ph.D. Department of Finance
COPENHAGEN BUSINESS SCHOOL

Jean-Yves Muylle Head of Unit Retail Issues, Consumer Policy and Payment Systems in Internal Market and Services DG
EUROPEAN COMMISSION

Event Summary:

The financial crisis has forced the banking industry and major corporations to speed up the deployment of new ideas and technologies to achieve greater performance in cash management and payment collections. The next step to optimise a Payment Factory is to integrate it with to your financial supply chain.

The next generation In-House Bank and Payment Factories consolidate payment flows to switch cross-border transactions into domestic and enhance efficient regrouping of payments. A Payment Factory provides the corporate treasurer with one point of entry to enhance visibility and control of cash regardless geographical location. Your company's ERP platform enables the Payment Factory to fully capitalise on e-Procurement capabilities. By standardising payment formats it is possible to centralise transaction flow and bank connectivity, generate cost savings and improve the internal control all the way from accounts receivable to accounts payable.

This flagship event will examine the development of new Payment Factories to centralise treasury processes in a modern organisation. Our cross-industry speaker panel will uncover how to successfully manage the transition from shared service centres to the next generation of Payment Factories in order to achieve greater visibility and control over your company's cash position in a highly volatile business environment.

This event will tackle key issues such as:

• Examining current status and future trends to develop the next generation of Payment Factories
• Standardising payments processing through payment hubs to enhance transparency on enterprise-wide cash
• Capitalising on ERP platform to simplify bank connectivity throughout a global business organisation
• In-House Bank: Optimising payment flows to transform cross-border payments into domestic
• Centralising and automating the payment process to achieve greater visibility on your company's cash position
• Managing the transition from Shared Service Centre to Payment Factories to generate significant cost savings
• Centralising control of outgoing payments to align with your company's cash flow forecasting
• Global Payment Factory: Optimising internal and external business processes to support your financial supply chain strategy

Target audience and Job titles:

Presidents, Chief Executive Officers, Chief Financial Officers, Vice Presidents, Directors and Heads within:

• Corporate Treasury
• Treasury & Payment Systems
• Group Treasury
• Payment Factory
• Supplier Financing
• Cash Management
• Treasury & Finance
• Back Office – Cash Management
• Global Treasury Operations
• Global Cash Management
• In-House Bank
• Payments
• Treasury
• Financial Shared Service Centre
• Accounts Receivable/ Accounts Payable
• Treasury Operations
• Group Cash Management
• Working Capital Management
• Treasury Information Systems
• eTreasury
• Business Development
• Consultants