Struggling with complex banking logins and scattered account information? A multibanking solution connects all your banks in one platform, giving you complete visibility and control.
The CSRD is poised to reshape how European companies manage sustainability reporting, with significant implications finance professionals. It is crucial to enhance their ESG risk management, integrate sustainability into their financial strategies, and develop robust systems for data collection and reporting.
Currency markets can influence revenues significantly. It is therefore important to manage this risk in a professional way. In this course, you'll learn strategies to mitigate the financial risks associated with volatile exchange rates. Join the WIELTEC academy on the 26th of September.
This briefing note outlines key trends shaping the interim market for treasury jobs in 2024. It provides insights into why interim treasury positions are in demand, the challenges faced by the market, and the opportunities available for both employers and treasury professionals.
ArianeGroup plans to upgrades MultiCash payment factory. WIELTEC consultants, that have experience with payment factory solutions, will manage the implementation project. The project is expected to kick-off in September 2024.
The payment landscape in 2024 is characterized by a move towards bank-independent platforms, real-time payments, and enhanced security, all integrated within broader financial ecosystems. These trends are reshaping how businesses manage their finances, offering greater efficiency, security, and adaptability.
Make your treasury sparkle ! How data-driven strategies can enhance treasury management, focusing on improving decision-making, risk management, and operational efficiency.
WIELTEC upgrades Payment Factory Epson Europe.
This iintegrated solution has an international focus with integration of multiple formats, languages and other specialities. The modular design, allows functionality to be extended when needed.
Lamifil N.V. , a Belgian-based global manufacturer of high-end products in copper, aluminum and related alloys has implemented the Trinity TMS to effectively manage their invoice factoring process.
In this briefing note, we're having a look at the compensation trends in the treasury job market for 2024. The treasury function is more essential than ever, as businesses navigate economic uncertainty, technological changes, and evolving regulations. As demand for skilled treasury professionals increases, so do trends in compensation packages.
The EUR/USD outlook for 2024 remains uncertain, with short-term risks skewed toward further dollar strength due to diverging central bank policies and relative economic resilience in the U.S.
Calculating the market value of an FX contract allows companies to assess the current financial impact of their currency hedges. By comparing the forward and spot rates, businesses can determine if they are in a gain or loss position on their contracts.
Interest rate swaps are an effective tool for hedging against interest rate risk, particularly for companies with significant exposure to variable rate debt. By converting floating rate payments into fixed rate obligations, an IRS can stabilize cash flows, protect against market volatility, and provide greater certainty over future interest expenses.
Foreign exchange (FX) trading platforms facilitate currency trading for businesses, financial institutions, and individual traders. They offer tools to manage currency exposure, execute trades, and access market data. This briefing note compares three key FX trading platforms: FXall, 360T, and OFX, highlighting their main features and differences.
The City of Antwerp, with more than half a million residents and one of the world’s largest ports, is the second biggest city of Belgium. WIELTEC implemented the Trinity TMS to manage the day to day liquidity of the City.
In recent months, treasury payment fraud has been on the rise. By staying vigilant, enhancing internal controls, and educating your staff, you can significantly reduce the risk of falling victim to treasury payment fraud. Let’s work together to keep our financial systems secure!
Denied Party Checks: The ideal place for denied party checks is in a central payment factory. For multinational companies with multiple systems (ERP, TMS, HR), centralizing payment processing ensures all payments are screened consistently, regardless of their origin.
If traders deliberately create a discrepancy in the terms of an LoC in order to give the counterparty more lenient payment terms, your cash position shrinks.
Fugro N.V., a Dutch multinational public company, is the world’s leading Geo-data specialist that specializes in collecting and analysing geological data, both on land and at sea. The WIELTEC team has implemented the Trinity TMS.
PZEM N.V., is a the Dutch-based Energy company. The WIELTEC team has implemented the Trinity TMS to support their treasury processes, including day-to-day cash management, Liquidity planning, payments, loans, bonds, FX dealing, guarantees and accounting.
Infotheek, one of the largest IT suppliers and the number 1 circular ICT company in Europe has implemented Trinity to realise an automated daily cash report, a reliable view on currency exposure, and an up-to-date view of limits.
Ten Cate Grass Holding is the global leader in the development, production and marketing of synthetic turf components used to produce artificial grass for sport, leisure or landscaping. The company has an active acquisition strategy and is growing fast in Europe, USA and Asia- Pacific. Our consultants implemented the Trinity TMS.
ArianeGroup develops innovative solutions for civil space launchers. ArianeGroup is lead contractor and manufacturer of Europe’s Ariane 5 and 6 launcher families and other rocket-related products. With help of the WIELTEC team, the treasury function is re-designed. The result is the implementation of MultiCash and the Trinity TMS.
WIELTEC implements the Trinity TMS at TBI Holdings. TBI is one of the largest and best performing construction companies of the Netherlands. Areas of attention were: in house banking with generation of journal entries, the management of a large portfolio of bank guarantees.
WIELTEC has performed a customised scan on the treasury processes, procedures and structures of VERDER INTERNATIONAL, a group of international trading and manufacturing companies.
Espria is one of the largest health care groups of the Netherlands. To manage the large loan portfolio and complex liquidity planning process, the WIELTEC team implemented the Trinity TMS.
Mediq, with 50 business units in 15 countries spread over Europe, the Baltic and the USA, provides pharmaceuticals, medical devices and related care services, generating revenues. Our consultants implemented the Trinity TMS. Areas of attention were cash management, debt management, FX risk and Liquidity Planning
Global Collect, provides online payment solutions. The Company offers local currency payment options, financial reconciliation, reporting, invoicing, multi-currency handling, fraud screening, and pay out services. WIELTEC has implemented the Trinity TMS.
Heerema Fabrication Group is specialised in engineering and fabrication of offshore structures. Our consultants implemented the Trinity TMS. Areas of attention were liquidity planning including a project dimension.
