Setting up Treasury for a New Company | When a major global technology solutions provider spun off its non-energy businesses, they needed to establish a new bank structure and consolidate two standalone systems into a single treasury management platform. More › | | | Card Solutions for Global Purchasing and Travel Needs | Two companies serving the oil and gas sector are using card solutions to boost global purchasing power, simplify international travel, enhance visibility into spending and free up working capital. More › | |
Expanding Cash and Banking Standardization from Europe to Asia | With 81 accounts in six countries and more than 6,000 payments of multiple types, a global integrated energy company took an innovative approach to standard its vast Asia Pacific operations. More › | | Driving Efficiencies for Retailers with End-to-End Merchant Payment Solutions | Retailers with branded wholesalers, affiliated dealers or a combination of these and corporate locations are discovering the benefits of having a single-source, end-to-end processor for all payments. More › | |
Empowering Payment Processing at U.S. Utilities with Image Cash Letter Service | To improve processing efficiencies and collection rates and speed access to funds, utilities are increasingly implementing electronic methods for processing paper check payments. More › | | Helping Retailers Reap the Benefits of 100% Electronic Pay | With the price of processing a paper payroll check nearing three dollars, and with millions of payroll checks lost or stolen annually, employers are going paperless to cut costs, streamline processing and clamp down on fraud. More › | |
Centralizing Collateral Accounts Drives New Efficiencies | Reorganizing and streamlining collateral financial arrangements with local franchise dealers in North America is helping a global oil and gas company enhance efficiency and revenue. More › | | A Collaborative Relationship Yields Ongoing Enhancements | Helping one of the world's leading oil and gas companies consolidate its lockboxes into a highly sophisticated nationwide platform has reduced costs, improved work processes and enabled ongoing innovation. More › | |
Increasing Cash Flow with Global Supply Chain Financing in Latin America | Improving terms and extending days payables outstanding is helping a global petroleum company in South America achieve a lower cost of capital throughout its global supply chain. More › | | | Reengineering an Export Letter of Credit Process Accelerates Cash Conversion | Anticipating a dramatic growth in its Asia-Pacific business, the chemical division of a global petroleum company streamlined its export letter of credit process. More › | |
Tapping Global Expertise and Infrastructure to Streamline Information and Cash Flow Worldwide | An international oil and gas company improved global integration and currency risk management to keep its capital working at maximum efficiency around the world. More › | | | Customizing a Cash and Liquidity Management Solution in China | A major global oil and gas company with operations in China recently implemented an automated cash pooling solution that enables the company to efficiently concentrate and distribute cash among cash-positive and cash-negative operations. More › | |
Protecting the Gulf with Shared Commitment and Efficient Cash Flow | Following the Deepwater Horizon drilling rig explosion in 2010, an independent not-for-profit consortium of global oil and gas companies called on Bank of America Merrill Lynch. More › | | | |