Acquisitions make life difficult for the people working within the company doing the acquiring, particularly for a global company that deals with different languages and currencies. Cunningham Lindsey is just such a firm.
Operating in more than 50 countries, Cunningham Lindsey is a loss adjusting and claims management firm and many of the different entities came together as part of a series of acquisitions.
One of the issues was cash management—which Cunningham Lindsey was doing via Excel—and some cash forecasting from various entities that didn't have any balance reporting on a regular basis, explains Elizabeth Ecsy, director of treasury for Cunningham Lindsey.
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