Sumitomo live in Spain

Cashbook are delighted to announce that Sumitomo Bakelite are now live with Cashbook for their Spanish subsidiary.

Sumitomo have been a long standing customer of Cashbook, since 1996, and already have 2 locations in Belgium running Cashbook for Cash Allocation and Vendor Payments. Sumitomo also use Cashbook in US for their AP Payments process.

This fits in line with the strategy for Sumitomo to have a common system for all cash transactions throughout the group. Head of Finance , Carlos Vandersteen commented that the latest implementation has gone very well and that the users are already benefiting from Cashbook.

Cashbook’s Automated processing, reduces manual entry and consequently increases financial control. Elimination of manual effort allows companies to allocate more staff time to other higher-value activities .