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Source: Axfood
Source: Axfood

Press release -

Axfood selects Treasury Systems

We are very excited to announce that Axfood has selected Treasury Systems to be their new supplier of TMS solutions. Axfood will move from a spreadsheet-based handling of their treasury to a state-of-the-art system provided by Treasury Systems.

We will help Axfood modernize and increase efficiency through the treasury value chain by implementing our next generation treasury management system. Focus will lie on increasing automation and minimising manual processes as well as raising quality and accuracy in reporting.

From Axfood website:

Axfood is a leading food retail group in Sweden, unique in its kind in the Swedish market. Our house of brands includes the Willys and Hemköp grocery store chains as well as Tempo and Handlar’n. B2B sales are conducted through Snabbgross, and our support company Dagab is responsible for the Group’s product development, purchasing and logistics. The Axfood house of brands also includes Mat.se, Middagsfrid and Urban Deli, and partly owned Apohem and Eurocash.

“We are very happy to welcome Axfood as our 12th Swedish customer to implement our next-generation TMS. We look forward to good cooperation and enhancing treasury operations together with the team at Axfood.” says Erik Åkerlund, Head of Sales at Treasury Systems

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Treasury Systems provides cost-effective solutions for corporate treasury administration. With the most modern SaaS corporate treasury system on the market we support instruments in markets for Foreign Exchange, Interest rate risk, Commodities, Guarantees and Mortgages.

With years of experience of corporate treasury and financial software, we focus on treasury know-how, cost efficiency for our customers and a superior level of service.

For more information please see treasurysystems.com

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