Introduction of cash pooling and clearing
Sucess Story
Client:
Northern Data Group
The goal:
-
Establish a stable and scalable internal financing framework to support rapid company growth and increasing transaction volumes.
-
Ensure transparency, automation, and KPI-based control across all internal financing activities.
-
Translate complex intercompany financing processes into a strategic, standardized approach that meets best-practice requirements.
The approach:
-
Definition of a clear internal financing concept, followed by internal policies and a modular contract framework.
-
Development of a centralized in-house banking structure with automated clearing via the holding company.
-
Close collaboration with SLG and the Treasury Management System provider Embat to tailor the system setup to Northern Data’s specific needs.