More and more corporates make the step to implement enhanced bank connections resulting into a more advanced payment and collections model. The initial focus of the treasurer’s is to automate the core processes, for example by optimising debt and managing FX- and interest rate exposures. A next step in the Treasury Maturity Cycle is to integrate components of an Inhouse Bank, including Payment Hub, Payments and Collections on Behalf, and Virtual Accounts. The COVID-19 Pandemic has even pushed for more centralised information to manage working capital and cash on a daily basis, which could be a catalyst for taking the next steps of the maturity cycle.
Robert-Jan Wekking, managing partner of Enigma Consulting, will provide insight in the role and key benefits of implementing an Inhouse Bank as well as key learnings for the implementation process.
Jeroen Custers, treasurer of Q-Park will outline his journey towards more automated and controlled processes and will share his experience how to achieve optimisation of the treasury processes and bank connectivity. He will explain how he initially created a vision for Q-Park, how he translated this vision into concrete milestones and the results achieved on this journey.
Speakers: Jeroen Custers, treasurer of Q-Park en Robert-Jan Wekking, managing partner of Enigma