Company Insights

Scope management in finance: Giving your new tool a head start

27th January 2020

When companies make the decision to turn to technology to optimise their financial setup, they tend to come with a long catalog of questions. But while RfP-style requirement lists do have their merit, there are other, more targeted ways to ensure you get exactly what you need and when you need it. One of the most effective ones is a scoping...
Case study: BELLIN and Mubea drive automotive market

19th March 2019

For multinational groups, the ability to instantly appraise cash positions has long been a challenge. Selecting the right treasury management system (TMS) can be key to liquidity and the ongoing running of the business. Mubea – the German multinational automotive parts producer – chose BELLIN’s tm5 system in 2014, and according to...
Burying the intercompany hatchet

28th January 2019

Early on in my treasury consulting career, a new client approached me with what seemed to me a rather unusual request during their system implementation: “Could you please set up Deutsche Mark as one of our currencies?” I blinked. Deutsche Mark – the former German currency replaced by the euro in 2002? My confusion must have shown...
Transparent project management key to successful treasury implementation

8th January 2019

Project management proved a key factor in the timely implementation of a new treasury management system at Douglas, a Germany-based perfumery and retail firm. The provider, BELLIN, installed its tm5 system, which combines functionality across payments, reporting and treasury. The process involved the complete replacement of an existing legacy...
Cash optimization with multi-currency and virtual accounts

11th December 2018

In today’s global marketplace, treasurers face the increasingly complex task of managing a corporation’s liquidity. As multinationals expand their overseas operations, more and more bank accounts are being opened for different geographic regions, currencies, and business needs. With so many accounts, bank account structuring and...
Implementing a netting solution

21st November 2018

Multinational corporations are familiar with some of the obstacles involved with intercompany commerce. Foreign exchange risk, transaction quantities, and stagnant payment approvals can be expensive. In the realm of treasury management systems, a netting system can be the perfect solution. The following 2-part series will cover the basics of a...
How technology is making bank fee analysis more efficient

19th November 2018

Bank fee analysis remains a topic that is mundane yet extremely vital for treasurers. Essentially, bank fee analysis involves taking a meticulous look at your current and future fee structure from the relationships you have with banks and attempting to mitigate fees where possible. Traditionally, it was executed manually by generating reports and...
Optimizing cash management with a virtual account structure

7th March 2018

Bank account structure is a key aspect of treasury management but it is also one of the most complex to understand and implement for a treasurer. There are a range of options and trade-offs that a treasurer must consider; a corporate can establish a one-to-one account-to-business unit (BU) account structure at one extreme, or have only one account...
The Digital Fortress: Fortifying Your Treasury

19th January 2018

We have been witness to a series of significant security events recently around payment execution, from Leoni in Germany through to ABB in South Korea and SWIFT in Bangladesh to name a few of the major headlines. There have been countless unreported, lower profile fraud cases in other organisations, both successful and attempted. These events are...
Overcoming global transaction banking challenges

20th November 2017

Sebastian Niemeyer, Head of BELLIN GTB Services As companies work to grow their businesses, many turn their attention to opportunities overseas. However, international expansion is not without its challenges – particularly where corporate treasury is concerned. While companies need to put appropriate banking structures in place in order...