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COMPANYEVENTSPAST EVENTSPARTNERSCAREERSCONTACT

PAYMENT FACTORIES

- Centralising your treasury processes to control cash flow forecasting in a global organisation

Date: February 20, 2007
Venue:  Grand Hotel
City: Stockholm, Sweden

In the Chair:

Jan Bergman
Group Treasurer
SCANIA

Hear from your eminent Speaker Panel:

Hans-Erik Trulsen
Head of Cash Management Operations
NORSK HYDRO

Henrik Koch
NORDIC HEAD OF CASH MANAGEMENT
FILE-BASED SERVICE, NORDEA

Fraser Hodges
Operations Accounting Manager
VOLVO CAR CORPORATION

Thomas Suhr
Manager of Corporate Banking Services
NOVO NORDISK

Kati Mäki-Karvia
Financial Services - Cash Management
STORAENSO

Eva King
Senior Expert, DG MARKT
EUROPEAN COMMISSION

Event Summary:

By centralising payments to one central location, larger corporations are able to successfully take the In-House Bank to its next level. Through regional payment factories it is possible to automate treasury processes, increase liquidity and to reduce the number of external banks when operating in different parts of the world. According to an independent survey 87 % of the largest corporations plan to centralise the level of payment processing in the future.

The driving force behind the deployment of payment factories is to build critical masses to successfully execute payments on enterprise-wide basis. Through change strategies with top management-level commitment it is possible to minimise the layer between treasury and the rest of the organisation. A new and centralised treasury & cash management function with the payment factory in place enables your company to reach your business goals and strengthen your company's position in a global business environment.

This international one-day conference will present treasury & cash management professionals with the business strategies to deploy payment factories within regional treasury centres. Speakers from companies in the forefront of treasury & cash management will give first hand experiences on setting up payment factories in global business organisations.

This conference will tackle key issues such as:

  • Exploring XML technology standards to maximise your straight through processing solution
  • Setting up internal bank accounts to drive your payments through external bank partners
  • How will SEPA affect your cash & working capital management strategy
  • Building a global ERP system to standardise your treasury processes
  • How to develop payment systems in one single format
  • Removing accounts payable to save costs & time
  • Exploring technologies to monitor your cash flow forecasting
  • Cash pooling: Setting up Master Accounts to concentrate your cash flow
  • Centralising treasury & cash management to streamline your treasury process in a global company

Target audience and Job Titles:

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

  • Payment Factories
  • Financial Shared Services
  • Group Treasury
  • Global Cash Management
  • Finance
  • Treasury Management
  • Financial Risks
  • Corporate Finance & Tax
  • Cash Management
  • Treasury & Risk Management
  • Corporate Treasury
  • Finance & Asset Management
  • Treasury Operations
  • Corporate Finance & Group Treasury
  • Finance & Controlling
  • Corporate Banking Services
  • Liquidity
  • Structured Finance
  • Payment Services
  • Business Development
  • Analysts
  • Consultants
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