Introduction of a Cash-Pooling Solution for a Group of Companies

Cash-pooling solutions constitute for certain problems in companies and groups of companies useful tools to optimize or improve specific business aspects. Essential for an efficient and fast implementation is that the situation is well described, an economic calculation is prepared, the tax and legal points are checked and the accounting staff is involved in the change process. Only if these preliminary analyses are successfully concluded, the next steps in the drafting and subsequent implementation into operational business can be followed. The experience of several projects shows that no serious changes are needed in daily business, but certain processes can be optimized to create free capacities for important tasks. In addition to process optimization under certain cash-pooling structures the opportunity to optimize interest result and the ability to entail intra-group financing is provided.