Introduction of cash pooling and clearing

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.