1. PwC / Perfetti van Melle
PwC / Perfetti van Melle
The implementation of a cash management solution based on SWIFT
11 November 2011

2. Agenda
Cash & liquidity management (PwC) 5 minutes SWIFT for corporates (PwC) 5 minutes Implementation at Perfetti van Melle (PvM) 30 minutes Q & A 5 minutes
Cash Management /SWIFT
11 November 2011

3. Today’s Corporate Treasury focus is on cash & liquidity management topics and the tools and technology to support these and the tools & technology required to support these (including SWIFT, in-house
Source: 2010 PwC Global Corporate Treasury Survey
Cash Management /SWIFT
11 November 2011

4. After securing funding, Treasurers are nowadays mainly focussing on two CM objectives
Visibility and control over cash
Increase visibility of Group’s cash position including reporting frequency thereof
Reduce risks (concentration, counterparty and operational)
2) Improve bank relationships and bank partner structure
Increase negotiation position
Reduce bank, funding and transaction costs
Increase Bank Relationships
More sources of funding
Diversify Counterparty Risk
Decrease Bank Relationships
More business to less banks =
Tier 1 status = Funding & Best Pricing
Cash Management /SWIFT
11 November 2011

5. Cash Management reporting is shifting to more robust, more frequent and more extensive
Cash developments per period
Cash concentration per country or region
Cash concentration per counterparty
Type of cash: oa. Trapped cash, restricted, pledged.
Cash per currency
…….
Cash Management /SWIFT
11 November 2011

6. Insert picture SWIFT pagina
We consider SWIFT as one piece in a holistic solution in the Corporates’ journey to Treasury centralization
Insert picture SWIFT pagina
Cash Management /SWIFT
11 November 2011

7. SWIFT usage by Corporates increasing, but…..
France as main contributor
2nd Tier countries: US, GB, GE, CH
Top 3 sector: Automotive,software,food
22 Corporates in Nederland (Sept ’11)
Cash Management /SWIFT
11 November 2011

8. SWIFT usage by Corporates, some statistics
Cash Management /SWIFT
11 November 2011

9. Now we move on to Perfetti van Melle’s Cash Management / SWIFT case
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