Suitsupply & Cashforce
Taal: Engels

A seemingly infinite sea of spreadsheets is still a common sight in treasury, although the negative consequences are common knowledge. The processes involved are manual, time-consuming, and treasury & finance teams struggle to obtain the information they need from other departments. One of the answers to this problem, automation, comes with many benefits. By automating their processes, treasury teams can effectively gain better insights into their Cash management & forecasting processes.

For this session, we’ll be joined by Michel van der Lingen, Finance Director at Suitsupply, who led the project of putting an improved and automated group-wide Cash visibility and forecasting process in place. At the same time, we’ll cover the main evolutions, risks, and benefits in the broader market.

By looking more deeply to the cases at Suitsupply and other corporates, we’ll be covering the following topics:

  • Digitization of cash forecasting: is it more than just automating an Excel-based process?
  • Cash forecasting / working capital management: how did the game change with Covid?
  • Direct / indirect cash forecasting: pros & cons of both methods and reconciliation
  • APIs / AI / ML in treasury: where is it (still)hype / where is it reality?

Speakers: Michel van der Lingen, Finance Director Suitsupply and Nicolas Christiaen, CEO Cashforce