From Chaos to Control:
Veldsink Groep Optimises Cash Management with TreasuryMetrics
In a short period of time, Veldsink made several acquisitions, leading to an explosion in the number of bank accounts. Daily insight into the liquidity position and the ability to make adjustments became a necessity. ‘What is available?’ and ‘What can we spend?’ were questions that required quick and clear answers. Previously, this was monitored weekly and manually. With the growth of the organisation, daily liquidity adjusting was essential. Veldsink researched several solutions and invited three parties for a demonstration. TreasuryMetrics came out on top: the platform offered clear functionalities, could do everything Veldsink needed, and was significantly more affordable than alternatives.
“Without TreasuryMetrics, it's unmanageable. Especially in these times, with the complexity of more than 300 bank accounts, we can no longer do without a good platform to keep a clear overview.” – Marco Barendsen, Treasurer