Offer a simple way for your organisation to replace spreadsheets with automation, develop more timely cash visibility and secure greater payments control without the complexity of a TMS implementation.
Given the nature of its industry, the company had the following objectives - Holiday Inn Club Vacations needed a flexible, and highly integratable digital solution that would help them better manage:
By improving bank relationship leverage, the team has made considerable savings in annual fees
By automating credit line and revolver balance management and reconciliation, the team has realized an impressive first-year saving
Bottomline and Holiday Inn Club Vacations received the 2020 Adam Smith Award for “Best Crisis Management Solution” by Treasury Today Magazine and the 2020 Alexander Hamilton Award for “Best Liquidity Management”
“We chose Bottomline as our partner to enable digital transformation. Partnering with them, we have created a controlled and centralized hub for managing liquidity collaboratively and with a long-term view. And, we established full bank connectivity in just 12 weeks.” Sasha De Gracia | Director of Finance | Holiday Inn Club Vacations, Inc.
With this fact sheet learn how to take control, reduce costs, increase efficiency and security of your entire payments process with Global Payments Hub.
This article outlines some very practical and cost-effective strategies that companies of all sizes can implement to ensure their cash is protected to help them respond quickly and efficiently to unforeseen circumstances, from global pandemics to bank closures.
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