Now save up to 70%!
There’s always room for improvement!
Helping our customers to benefit from the maximum possible savings with a minimum of effort by means of targeted optimization measures is our incentive. There’s always room for improvement!
Lack of benchmarks/ time and staff resources leeds to savings!
From an internal perspective, companies do not have any neutral, valid benchmarks available to them outside of their bank balances to help them make performance comparisons between several countries with regard to finance and cash management. Practical experience has shown us that there is an interesting correlation between corporate revenue and the absolute potential for optimization and cost savings potential in cash management.
Our analysis: 95% degree of probability.
Our statistical evaluations show that this savings potential is related to certain characteristics, for example the level of revenue. The confidence interval of our calculations was 0.05. Simply put, on the basis of our characteristics, we are able to forecast your concrete savings potential to a 95% degree of probability with an accepted 5% margin of error. Savings potential is not, however, determined exclusively on the basis of revenue level, in fact, it is the structure of the revenue that is key. For companies with a large number of customers and many small revenues, such as telecommunications companies or Internet service providers, cash management is arranged in a much more complicated manner than in a company with few customers but a high level of revenue per customer.
Parameters for the determination of possible improvements
The following factors have emerged in practice as characteristics and good parameters for the determination of possible improvements in finance and cash management:
- High quantity of transactions (e.g. high quantity of customers, who are responsible for the majority of revenue)
- Higher portion of exports and an international customer structure
- Higher portion of imports and an international supplier structure
- High quantity of branches and/or affiliates
- High quantity of open receivables and long duration of receivables
- High inventory
- High quantity of bank accounts
- High financing requirement
- High liquidity surpluses
- Cashflow is easy to forecast
- Long-term real-estate leases
It may be a surprise to learn that these relatively simple topics in the area of finance also involve potential savings that it also pays to exploit. The optimization potential in this area is often significantly underestimated. For too long now, companies have been talking about cash management. But it is not only benchmarks that are missing, a lack of time and staff resources are the reasons why many opportunities to improve the financial result are not identified. Savings of 30–70% of the overall costs of cash management are not infrequent!
Our experience shows: every company has savings potential
Our experience shows: every company has savings potential - but: how much, and how can it be increased even in times when staff resources are tight? We offer a free analysis to quantify your savings potential, including support in the implementation process. Only after the concrete potential for your organisation has been presented to you will you have to decide whether or not to implement the proposed measures.
Further information:
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