Liquidity Management maximum output with minimum input
How can a company reduce drawdown and deposits in cash pools to a maximum of SEK and NOK 10 million by improving liquidity management?
"The positive outcome is that the Group Treasury and the subsidiaries may use the system on a daily basis or whenever they need information on their liquidity forecasts."
The company noted that it had a significant amount of extra liquidity in its six cash pools, and long and short term credit facilities varied heavily. Also forecasting was difficult because information from the banking system and Treasury Management was gathered manually.
The Moelven Group chose the OpusCapita Liquidity cash flow forecasting system which could be integrated with all ERP systems in the Group, and subsidiaries are included in the forecasts.