Skip to content

Client Stories

At Cobase, we believe that our customers are the ones who should tell our story and what our solution solves for them in their daily business.

Retail

Mekki Weydert - Treasury Manager

Scotch & Soda was established in 1985. In 2000 the company started evolving into the unique place it owns in today's fashion landscape. In the past years, Scotch & Soda has profited from a focused growth strategy, expanding its stores at a steady pace. Today, Scotch & Soda owns  over two hundred stores worldwide with over one thousand three hundred employees.

While scaling, Scotch & Soda ran into challenges with the multiplication of bank portals and tokens. The problems also led to difficulties with user administration for employees involved with payments. All of this resulted in the slow and manual payment processing and accounting reconciliation process.

Natural Resources

The story of Pim Bezemer

Group Manager Business Control & Treasury

Evos is an international and independent energy storage company that operates a network of premium tank terminals. Evos terminals are located in the Netherlands, Belgium, Germany, Spain, and Malta. Evos expects to increase its global footprint in the future.

Evos, at short notice, needed to gain insight and control over the bank accounts of the acquired terminals and started looking for a platform that would quickly give a grip on cash management without having to manage different bank portals and, on top of that, the user administration of these accounts.

The story of Erwin de Bruijn

Treasury Officer 

Stahl is the world leader in the specialty chemistry of coatings, processing and treatments. 2,000 employees in 27 countries work every day on technologies and processes that improve the products people use. 

Stahl faced the challenge of chasing people for electronic signatures and keeping track of signatories’ calendars. Restoring forgotten or mistyped pin codes for the various portals and accounts consumed a lot of time. On top of that, managing individual user profiles in various bank platforms often offered limited possibilities. The board of directors of Stahl wanted to have daily visibility on bank balances and to get rid of all the different electronic banking systems.

Food & Agriculture

The story of Marc Rutten

Treasury and Insurance Risk Manager

Royal Cosun, drawing on the strengths of five business groups – Aviko, Duynie, Sensus, Cosun Beet Company and SVZ, offers a wide range of distinct products and services. The products of Cosun can be found everywhere today.

Royal Cosun’s challenges were that its various business groups were becoming increasingly global. Marc Rutten, Treasurer at Royal Cosun states:  “Cash management in each country was shifted to our main relationship banks, looking at which country a bank had a strong representation”.  

The story of Lely

Lely is an international family company in the agricultural sector, founded in 1948. With 1600 employees active in 45 countries, it currently has an annual revenue of 615 million Euros.

Lely operates in 45 different countries, which means a widespread banking network and many bank accounts. The management of the different banks and bank accounts led to a complicated process for Lely. 

The story of Ivo Mollee

Corporate Treasurer 

Plukon Food Group is one of the largest players in the European poultry market, supplying chicken products and ready-made meals to leading European food partners. With thirty-two branches in six countries and a workforce of over 6,500, Plukon is at the forefront internationally in translating consumer wishes into innovative products and farming concepts. 

Plukon worked with multiple banks across its various locations and used multiple electronic banking portals. This resulted in suboptimal cash visibility, prompting the company to find a way to make its cash management more efficient. Plukon used to spend lots of time pouring over Excel spreadsheets to try to gain financial insights. In addition, Plukon used to deal with many physical payments between its subsidiaries

Financial Services

The story of Mirjam Pols

DevEngineer Financial

De Goudse is a Dutch insurance company founded in 1924. In time the company has grown and much has changed. Despite this growth, the company is still an independent family business and will continue to work with an entrepreneurial heart. De Goudse offers customers a wide range of financial products and insurance options such as non-life insurance, income insurance and life insurance.Insurance companies have a lot of incoming and outgoing payments and a Payment Hub is essential for optimal streamlining.

De Goudse faced the problem that their previous Payment Hub solution ceased to exist. This created the need for a replacement. The solution they sought was one enabling them to send payment and collection files from the various source administrations to various banks. On top of that, the company required the automatic retrieval of daily statement information from all accounts with various banks. Another important aspect of a Payment Hub was the automatic transfer of data to the various back-office systems.

Credit: Opmeer Reports for Oikocredit

The story of Marcel van Amersfoort

Treasurer 

Social impact investor and a worldwide cooperative Oikocredit provides funding to organisations active in financial inclusion, agriculture and renewable energy . The cooperative supports partner organisations in Africa, Asia and Latin America through the provision of loans, equity investments and capacity building.

For Oikocredit, a single solution was needed that could provide a better overview and control over all the different banks, accounts, and currencies Oikocredit is using. 

Webinars

Sit back and relax and watch in 10 to 20 minutes our webinars that give a general overview or zoom in on a specific topic. Watch and learn more about Cobase and see our platform!

Request a meeting or demo

Contact us if you are interested to learn more about Cobase. We can discuss your specific requirements and determine which modules of Cobase are most suitable for your organisation.