Elsevier Finance SA has now migrated into live operations with the IT2 treasury management system.
Elsevier Finance SA, located in Neuchtel, Switzerland, is the principal treasury centre for the Reed Elsevier combined businesses. Elsevier Finance SA is responsible for all aspects of treasury and banking advice and support for Reed Elsevier Group plc’s businesses operating in Continental Europe, South America, the Pacific Rim, China and certain other territories.
“With IT2 we found a solution which meets our requirements for user-friendliness, flexibility, integration, and provides a high degree of straight-through processing. The IT2 Best Practice tools of process-maps and system security functionalities strengthen the security and auditability of our treasury processes. Process-maps also facilitate the training of new users and accelerate their integration in our organisation,” says Francis Corno, TMS Project Manager at Elsevier Finance SA.