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In-House Bank at the Estee Lauder Companies – a Case Study

How to Innovate within the New Normal in Treasury and Banking
In-House Bank at the Estee Lauder Companies – a Case Study

Discover how the global leader in prestige beauty was able to increase efficiency and improve controls for cash and liquidity management in its 2 treasury centers. 
This case study will review the reasons why the company decided to centralize its treasury capabilities in its SAP systems, using the SAP In House Cash module and selected Serrala add ons. Our experts will discuss the features of the implemented solution including:

•    Comprehensive electronic banking, payment, payment management 
•    SWIFT network integration
•    Payments on Behalf of (POBO) for:

        •  Global, multi-currency cash pooling 
        •    Intercompany loans
        •   Multi-currency/multi-lateral intercompany netting

Find out how the company was able to use SAP to streamline its treasury processes and benefit from its existing deep integration with SAP Financial Accounting (“FI”) and SAP Bank Communication Management (“BCM”).


Speaker - Bart Taeymans

Speaker: Bart Taeymans, Executive Director at The Estee Lauder Companies Inc.
Based in Belgium, Bart is responsible for managing Global Treasury Operations and heading the International Treasury Center. He joined Estee Lauder in 2007. Prior to joining Estee Lauder he held several positions within the treasury department at Siemens.



Speaker: Peter Wolf, Senior Vice President Serrala
Peter has been specializing in SAP Treasury solutions for over 20 years. His experience and expertise span the entire suite of SAP’s Treasury, Cash Management, and Electronic Banking applications.  
Recording Webinar
December 2nd

If you couldn’t participate in our webinar, please find the recording of the session below and watch Bart Taeymans, Executive Director at The Estee Lauder Companies Inc. and Peter Wolf, SVP Serrala.
Bart shared the In-House Bank experience at The Estee Lauder companies

If you have any questions, please schedule a virtual meeting with us.



Our Treasury & Risk Virtual Series

Join the experts from Serrala on our new series designed to help enlighten you to the power of SAP’s Treasury applications and Serrala’s experience in designing and deploying industry leading solutions for our clients leveraging that functionality. Check out our upcoming events and register for free.