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Cash Management Benchmarks in CEE
On 22nd May, 2007 the FinanceTuner invited their clients and prospective customers to a presentation of general trends and developments in the European banking markets. In three case studies CEOs of corporations highlighted their strategies and fields for optimizing Cashmanagement in CEE markets.
The experts: Roland Kraus: CEO FinanceTuner Consulting GmbH
Ernst Schinewitz: CFO Brenntag CEE
Thomas Reiter: CFO Brenntag Austria
Filip Cino: CFO Brenntag Slovakia, Czech Republic
Michael Beck: Regional Controller CEE Messer
Robert Mustac: CEO Messer Croatia
Photo (l.t.r.): Mustac, Beck, Kraus, Schinewitz, Cino
1. Trends in CEE banking (Roland Kraus - FinanceTuner) Several studies give evidence: gross earnings of eastern European banks is double in size of western european banks. Austrian banks and international bank corporations report fastest increases in CEE. But the progress will be different in some CEE markets, also services and price levels. This is an additional challenge for the local management and corporate cash management. 2. More transparency with Benchmarks (Roland Kraus - FinanceTuner)
What are acceptable terms and conditions for financial services? With FinanceTuner’s support and benchmarks best performance in cash management is guaranteed.
3. Intenational corporations and their counter-strategies
The case-studies of Brenntag CZ and SK and of Messer HR showed in breef the results of FinanceTuner’s benchmarking and all cash-related savings and improvements.
During the final buffet all participants discussed their experience in CEE-Markets with the experts.
Downloads of presentation: see client-login (registration reqired)
Statement
¿Desea saber si está usted entre los mejores?
Los FinanceTuner® le muestran con la máxima precisión dónde existen potenciales que pueden optimizarse para lograr una mejora inmediata de sus resultados financieros.
Roland Kraus Senior FinanceTuner
Nuestro éxito más reciente
UPC Тelekabel
La optimización del sistema de pagos realizados tanto a nivel nacional como internacional, así como un saldo promedio basado en los intereses más beneficiosos para el cliente, redundaron en significativos e inesperados ahorros para la filial austríaca de la empresa. En la actualidad se está realizando benchmarking para el cash management en un gran número de filiales de esa multinacional en Europa oriental y occidental.