Tomato Project Success and Solution Brückner

tomatoagNews 'n Views, Tomato

From 2015 to 2018 Brückner Group GmbH Germany (Maschinenbau)  solved its worldwide financial flows (with the assistance and experience of Martin Schneider) with a central e-banking and the continuous de-centralized local workflow at their business unit in the periphery. The 4 bank gateways is Swift for Corporates for all worldwide payments. This solution includes instant and daily visibility for the Group Treasury. The central view and 98% of Standard XML file-based payments serve for security (reduces fraud) enhances straight-trough processing (STP) for all derivate with automated Emir reporting. The project for STP with Guarantees (Avale) and LCs is ongoing.

On various occasions in 2017 and 2018, Brückner’s Treasurer Josef Huber was invited to present this highly rated success story of how to secure and optimize group-wide financial flows. In December 2018, Martin Schneider was invited by a Swiss Bank to talk with 120 payments specialists about the success of that Brückner solution. Slides at Tomato Site Fachberichte…

Treasurers’ Key Challenges

tomatoagNews 'n Views, Tomato

An article in The Global Treasurer highlights key challenges finance professionals cited in a HSBC study and presents an interview with Holger Zeuner, director of thought leadership for Europe, HSBC, to better understand the changing role of the treasurer.

Holger Zeuner ends with five key points for dealing with these challenges:

  • Recognise the challenge
  • Raise your voice
  • Focus on policy
  • Organise for success
  • Think about today, act for tomorrow

Read the article on The Global Treasurer and download the summary at the end.

Personal Finance Resolutions For 2019

tomatoagNews 'n Views, Tomato

In the January newsletter introduction we wrote:

“What do you want to accomplish in 2019? Here is the list from Forbes Magazine. We know it’s American style, but the 10-point list may inspire you to add it to your private life.”

Forbes’ The 10 Best Personal Finance Resolutions For 2019 was hugely popular. If you missed it, find out what you’re already doing and what you should be doing this year.

Enjoy!