Implementation of a EUR cash pool

Customer:

Ronal Group

The goal:

• Concentration of Group liquidity and central distribution
• Fewer financing and monetary transaction costs
• Reshaping the global banking landscape
• Standardize IC financing and interest settlement, liquidity management and payment transactions
• Increase security and efficiency in payment transactions

The way:

• Catalog of requirements for the bank tender
• Tendering of a EUR cash pool including payment transactions
• Selection of a suitable bank partner for the cash pool
• Regulation of internal processes
• Gradual introduction of the EUR cash pool at the subsidiaries