BELLIN Treasury International

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...

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...

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...

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...

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...

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...

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...

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...

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...