Client Cases

The treasury impact of JCI’s strategic transactions

In the summer of 2015, Johnson Controls International (JCI) announced that it would divest its Automotive Division via a spin off in a new publicly listed company: Adient. Shortly thereafter, JCI announced a merger with Tyco, a fire protection & security company. What was the impact of these strategic transactions on the treasury activities of the company?

The hybrid role of Treasury at Boskalis

As a maritime multinational, Boskalis is involved in large scale projects all over the world. Due to the complexity of these projects, the Treasury department has a strategic role within the company and is a role model for other multinationals.

Sanofi: overcoming complexity to implement a global payment factory

When the multinational pharma company Sanofi set out to implement a global payment factory based on SAP, the sheer size and scope of the project made it seem a Herculean task. But with meticulous planning, the right expertise and skilled team-building, the treasury team achieved a very successful outcome.

Switch to standardization

GlobalCollect transfers to SWIFT Alliance Lite2 for Corporates

A transfer to a new system is usually a complicated and time-consuming process. This rings particularly true for a company like GlobalCollect, which processes hundreds of thousands of online transactions for banks all over the world on a daily basis. How did this payment service provider (PSP) tackle the complicated challenge of adopting SWIFT as its new system?

Rapid steps towards new standardization

DSM introduces new SAP system to optimize international payment settlement

Although DSM’s payment factory offered an exceptionally high level of service, the system was no longer supported by SAP and, to avoid rising maintenance costs, Dutch multinational DSM decided to switch to a new version of the SAP system. With 160 business units in 25 countries around the world, as well as new standards for SEPA and SWIFT, the challenge was huge.