What Happens Next in Corporate Liquidity Management? SunGard Recommends Three Ways Corporations Can Improve Cash Flow and Reduce Cost Structure

CJ Wimley, executive vice president, corporate solutions, SunGard's corporations business, says: "With the challenges of inefficient processing, limited visibility to cash flows and risk, reduced IT budgets and greater demands from customers and trading partners, Corporations are embracing change in and around their liquidity management functions. SunGard provides corporations with sophisticated solutions that eliminate friction in the order-to-cash cycle while providing visibility to cash flows and the associated risk. These solutions are offered as a managed service to our customers to help them minimize the drain on their IT infrastructure and resources while reducing their overall cost of ownership."

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With the help of SunGard's AvantGard, we have been able to measurably improve our productivity by centralizing our credit and collections operations.

New York (Vocus) May 5, 2009

CJ Wimley, executive vice president, corporate solutions, SunGard's corporations business, says: "With the challenges of inefficient processing, limited visibility to cash flows and risk, reduced IT budgets and greater demands from customers and trading partners, Corporations are embracing change in and around their liquidity management functions. SunGard provides corporations with sophisticated solutions that eliminate friction in the order-to-cash cycle while providing visibility to cash flows and the associated risk. These solutions are offered as a managed service to our customers to help them minimize the drain on their IT infrastructure and resources while reducing their overall cost of ownership." Click here to view CJ's video.

SunGard recommends corporations gain control and visibility across the entire financial supply chain, from stringent control of trade receivables to treasury, risk and cash management, through automated workflow processing and execution of payments. With liquidity management a key concern for corporations in a tough credit environment, SunGard is helping them to gain efficiencies around commercial transactions, improve visibility of cash flows and credit risk, and reduce borrowing requirements.

SunGard suggests three ways corporations can improve liquidity management: 1.-Employ risk based collections strategies whereby companies incorporate risk scores to automatically determine the most appropriate path of action for chasing past due receivables. 2.- Leverage sophisticated technology to closely monitor FX and commodity fluctuations for improved decisioning within the treasury function.3.- Look to improve cost structures and reduce fraud by instituting a global payments workflow and approval solution with interfaces for execution of electronic payments.

Three Key Challenges

The credit crunch has had a significant impact on cash flow, credit lines and ability to borrow
Corporate commercial transactions are highly manual and inefficient, causing considerable delays in settlement and cash flows
Corporations are increasingly migrating to electronic settlement of commercial transactions and workflow engines in SOA environments

Scott Miller, vice president of finance, order-to-cash for Henkel, comments: "With the help of SunGard's AvantGard, we have been able to measurably improve our productivity by centralizing our credit and collections operations."

Jean-Philippe De-Waele, treasurer for Johnson Controls' European and African operations, says, "We were looking for a single payments solution that could meet our business, hosting and connectivity needs. We chose AvantGard because of SunGard's strong reputation and international presence, and because the solution offers full SWIFT integration in a hosted environment."

About SunGard's AvantGard
SunGard's AvantGard is a leading liquidity management solution for corporations, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies drive free cash flow and reduce inefficiencies across the ecosystem of suppliers, buyers, banks and other trading partners. For more information, visit http://www.sungard.com/avantgard.

About SunGard
SunGard is one of the world's leading software and IT services companies. SunGard serves more than 25,000 customers in more than 70 countries, including the world's 25 largest financial services companies.

SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software.

With annual revenue exceeding $5 billion, SunGard is ranked 435 on the Fortune 500 and is the largest privately held business software and services company on the Forbes list of private businesses. Based on information compiled by Datamonitor*, SunGard is the third largest provider of business applications software after Oracle and SAP. Continuity, Insurance & Risk has recognized SunGard as service provider of the year an unprecedented five times. For more information, please visit SunGard at http://www.sungard.com.

*January 2009 Technology Vendors Financial Database Tracker http://www.datamonitor.com

Trademark Information: SunGard, the SunGard logo and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

For more information, contact:
Adriana Senior
SunGard
Tel: +1- 718-578-1130

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