Headquartered in Saudi Arabia, The Zahid Group is a leader in industrial engineering that has several subsidiaries, including their flagship company Zahid Tractor. For more than 60 years, Zahid Tractor has distributed Caterpillar machinery and equipment to the Kingdom of Saudi Arabia in both private and public sectors. Expanding growth and a demand for optimization of cash led the Zahid Group to search for a modern treasury and risk management solution (TMS).
London’s iconic Science Museum proved an inspired venue for Kyriba Live! UK 2018. Hundreds of Kyriba users and partners joined up to experience the annual conference. Delegates walked through the “Making the Modern World” exhibition hall and through “Tomorrow’s World” before ascending to the conference in Europe’s largest IMAX theater. Only meters away from the Apollo 10 command module, Crick and Watson’s DNA model and the first Apple computer, current and future Kyriba users explored the trends that are shaping corporate treasury of tomorrow.
Editor’s Note: For this installment of our multi-part blog series, profiling CFOs who are leveraging treasury to drive strategic change for their organizations, we focus on Philippe Sanchez, CFO of The Exclusive Group, a value-added services and technologies (VAST) group. Philippe talks about why visibility is key to a successful cash culture and how a good treasury management system can enable cross-organizational communication, allowing treasury to see clearly the health, safety and success of an organization’s treasury management activities.