The introduction of a single cash pool is enabling Valmet’s central treasury to get full visibility and access to liquidity across its euro business. Previously, it was difficult for the central treasury to get excess liquidity concentrated into one bank account: they didn’t have direct access, so they had to ask each unit to deposit it into central treasury. The manual process was time consuming and costly.
Today, each unit has its euro accounts in the same cash pool, and all payments are centralised to these accounts, so the group treasury is able to automatically access the liquidity. The euro cash pool enables Valmet to make intra-group transfers free of charge and in real time.
Read the full case study and find out how they successfully rolled out the project with Nordea.