{"id":65548,"date":"2023-01-04T15:57:48","date_gmt":"2023-01-04T14:57:48","guid":{"rendered":"https:\/\/www.fup.dev.zeitwerk.de\/?page_id=15548"},"modified":"2023-01-04T15:55:14","modified_gmt":"2023-01-04T14:55:14","slug":"introduction-european-cash-pool","status":"publish","type":"case-study","link":"https:\/\/www.fup.dev.zeitwerk.de\/en\/case-studies\/introduction-european-cash-pool\/","title":{"rendered":"Liquidity management through the introduction of a European cash pool"},"content":{"rendered":"<h2>Task definition<\/h2>\n<div>\n<ul>\n<li class=\"lmt__translations_as_text__item\">Introduction of a cross-company and cross-country cash pooling system to optimize and control group-wide liquidity<\/li>\n<\/ul>\n<\/div>\n<h2>Industry \/ Function \/ Environment<\/h2>\n<div class=\"O0\">\n<div class=\"O0\">\n<ul>\n<li class=\"O0\">\n<div class=\"O0\">European market leader in the leasing of rail freight and tank cars, rail and tank container logistics<\/div>\n<\/li>\n<li class=\"O0\">\n<div class=\"O0\">Head of Financing &amp; Treasury<\/div>\n<\/li>\n<li class=\"O0\">\n<div class=\"O0\">Bj\u00f6rn Gresens<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Situation:<\/p>\n<ul>\n<li>Securing customer receivables from rentals as part of group financing<\/li>\n<li>Managing the Europe-wide rental income of various group companies via an escrow account<\/li>\n<\/ul>\n<p>Measures:<\/p>\n<ul>\n<li>Establishment of a trust account agreement with the bank<\/li>\n<li>Establishment of a cross-company cash pooling agreement, taking into account the insolvency and tax law issues in the respective jurisdictions<\/li>\n<li>Introduction of an ERP-supported clearing system for accounting purposes<\/li>\n<li>Introduction of a limit and monitoring system for intercompany loans<\/li>\n<li>Control and disposition of bank accounts via TMS system<\/li>\n<\/ul>\n<div class=\"O0\">\n<div class=\"O0\">\n<ul>\n<li class=\"O0\">Successful implementation of Group financing<\/li>\n<li class=\"O0\">Reduction of operating bank accounts in the Group<\/li>\n<li class=\"O0\">Control of all European rental income via a central account<\/li>\n<li class=\"O0\">Processing of all payments and management of bank accounts through a centralized payment factory<\/li>\n<li class=\"O0\">Optimization in the management and planning of Group-wide cash flow<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<ul>\n<li>European market leader in the leasing of rail freight and tank cars, rail and tank container logistics<\/li>\n<li>Customer portfolio: Railroads, rail logistics operators, chemicals and petrochemicals.<\/li>\n<li>Product portfolio: Tank and tank car rentals, intermodal wagons, bulk freight wagons, rail logistics, tank container logistics.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Task definition Introduction of a cross-company and cross-country cash pooling system to optimize and control group-wide liquidity Industry \/ Function \/ Environment European market leader in the leasing of rail freight and tank cars, rail and tank container logistics Head of Financing &amp; Treasury Bj\u00f6rn Gresens Situation: Securing customer receivables from rentals as part of [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":65552,"menu_order":0,"template":"","categories":[],"expertise":[],"service":[],"industry":[],"type-case-study":[],"class_list":["post-65548","case-study","type-case-study","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/case-study\/65548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/case-study"}],"about":[{"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/types\/case-study"}],"author":[{"embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/users\/20"}],"version-history":[{"count":0,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/case-study\/65548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/media\/65552"}],"wp:attachment":[{"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/media?parent=65548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/categories?post=65548"},{"taxonomy":"expertise","embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/expertise?post=65548"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/service?post=65548"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/industry?post=65548"},{"taxonomy":"type-case-study","embeddable":true,"href":"https:\/\/www.fup.dev.zeitwerk.de\/en\/wp-json\/wp\/v2\/type-case-study?post=65548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}