What We’ve Done

Case Study 1:

Private Sector: UK Oil & Gas

Client: Owned and operated on-shore and off-shore oil and gas drilling rigs

Issues: Different banks in 26 different countries; duplicated currency accounts across countries

Service Provided by BRC: Tender to select a single bank to support the company globally

Benefits:

  • 26 banks replaced by one bank, providing services to the company in each of its locations
  • Reduction in the number of banks and accounts
  • Greatly improved cash and liquidity management
  • Better control of foreign currency risk
  • Less reliance on external borrowing through centralised cash management

“By implementing BRC Consulting’s Financial services we saw a 40% increase in efficiencies within the business”

We help businesses reduce costs & increase efficiencies

Case Study 2:

Private Sector: UK Insurance

Client: Global provider of insurance and reinsurance services

Issues: Reliance on spreadsheets to manage global currency risk and liquidity; manual paper based workflow processes;

Service Provided by BRC: Tender to select a treasury management system

Benefits:

  • Standardised global liquidity management and payment processing
  • Liquidity concentration to increase investment yield
  • Maximise insurance funds through effective cash flow forecasting
  • Automated transaction management workflow processes and controls
  • Delivery of a scalable technology solution to create growth capacity

“By implementing BRC Consulting’s Financial services we saw a 40% increase in efficiencies within the business”

We help businesses reduce costs & increase efficiencies

Case Study 3:

Private Sector: Iceland Shipping & Transport

Client: Global provider of shipping and transport services

Issues: Reliance on spreadsheets to manage global currency risk and liquidity; manual paper based workflow processes;

Service Provided by BRC: Tender to select a treasury management system

Benefits:

  • Implementation of a treasury management system solution based on best market practice
  • Automate existing manual processes and reporting
  • Improve management of cash, liquidity, debt, inter-company lending and risk
  • Allow system access to sub – Treasuries to deliver cash forecasts, and to access inter-company loan details
  • Provide better data availability and management information reporting

“By implementing BRC Consulting’s Financial services we saw a 40% increase in efficiencies within the business”