About this event
Knorr-Bremse, the global market leader for braking systems, operates in more than 30 countries around the globe, with annual revenues of €6.7 billion with its two divisions.In this Working Capital Forum webinar, Mike Hewitt will talk to Rainer Gerstung, Deputy Head of Corporate Finance & Treasury at Knorr-Bremse, and Tim Kallenborn, Head of Sales at CRX Markets, to find out more about their collaboration to digitise receivables finance.
In a fast-paced 45-minute online session, we’ll cover:
- The background to Knorr-Bremse’s working capital programmes
- How the firm is freeing up cash through receivables finance
- How the CRX platform, with its links to Knorr-Bremse’s SAP ERP, is digitising the RF process and reducing manual workload
- What’s next for Knorr-Bremse’s working capital initiatives?
There will be plenty of opportunities for you to ask your own questions to Rainer and Tim. If you want to understand what an effective receivables finance programme looks like, this is your opportunity to get the inside story.
Hosted by
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Team member
Diana HendersonDH T
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Team member
Mike Hewitt Director @ The Working Capital ForumT
Mike has been CEO of Adaugeo Media, the company behind The Working Capital Forum, since 2012. Before that he was CEO of the European operations of the Association for Financial Professionals. Mike is a regular speaker, writer and moderator on working capital and treasury management topics.
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Guest speaker
Rainer Gerstung Deputy Head of Corporate Finance and Treasury @ Knorr-BremseG
Rainer Gerstung is Deputy Head of Corporate Finance & Treasury at Knorr-Bremse AG, the global market leader for braking systems and a leading supplier of other safety-critical rail and commercial vehicle systems. Having 14 years of experience at various major European banks (inter alia UniCredit) and 12 years in treasury departments of large companies (inter alia Intel, Airbus and Osram), he is very well familiar with the finance industry. He holds a diploma in business administration and is a certified Corporate Treasurer by German VDT. Rainer worked in many different functions in Treasury and especially gained valuable knowledge in Working Capital Management along the whole value chain from different angles.
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Guest speaker
Tim Kallenborn Head of Sales @ CRX MarketsG
Tim Kallenborn is Head of Sales at CRX Markets and responsible for Sales, Account Management and Business Development. Tim started his professional career as a trainee at DZ BANK in Frankfurt before joining Deutsche Bank's corporate and investment banking division. After various positions and rotating locations within Deutsche Bank, he spent most of his time working for the working capital advisory and structuring team. Since January 2016, Tim Kallenborn has been working for CRX Markets, where he built up sales for corporate clients. CRX Markets is Europe’s leading independent marketplace for working capital finance. The digital marketplace brings corporates and financing partners together and enables working capital financing on both sides of the balance sheet. Founded in 2012, CRX Markets is based in Munich. Today, the international team drives the ongoing development of the marketplace and the onboarding of additional customers and financing partners.
The Working Capital Forum
Where Treasury, Payments and Procurement MeetThe Working Capital Forum is a networking group for those in treasury, payments and procurement with a shared interest in optimising working capital. We hold regular conferences and meetings in global financial centres, both online and in our legendary round-table lunches.
