Universal Music Group Enhances Cash Management Efficiency in the U.S. With Redbridge
Industry
Media
Region
North America
Service
Cash Management
Objectives
- Optimization of the cash management conditions in the United States
- Quality improvement of cash management services
Results
- 50% fee reduction
- 5 years commitment by banks
- Compatibility of offers with the SWIFTNet project carried out by the group
Redbridge’s Role
- Analysis of the group’s current processes, arrangement, launch and management of the consultation for four banks
Value Added by Redbridge
- Knowledge of the US market and its specific underlying characteristics
- Critical study of the collection options available to the group
- Use of a methodology particularly well suited to the U.S. market. A tailored customized approach for banks