Tenzor Ltd- Corporate Restructuring and Working Capital Management

Category: Supply Chain

Igor Zax to speak at Supply Chain Summit in Frankfurt

Igor Zax, Managing Director of Tenzor Ltd., will speak at Supply Chain Finance Summit 2016. The summit will be held 28-29 January 2016 in Frankfurt, Germany and is arranged by BCR Publishing.

Igor will present at:

Concluding roundtable: Where will we end up? Future-proofing
supply chain finance
Supply chain finance, perhaps the hottest new area emerging in global supply chain management has become an important tool in the battle to unlock working capital, improving competitiveness and generating billions of dollars in free cash flow for best in class companies and their suppliers. Increasingly, financial institutions are partnering and working with technology platforms to provide working capital solutions to key clients and their suppliers (case studies eg Prime Revenue and Mizuoho) whilst at the same time midsized companies want to ensure they can make the business case for supply chain finance. This final session reviews:
  • Key impact points to be aware of in launching and maintaining SCF
  • costs, risks and complications check list
  • Ensuring that the benefits of SCF reaches the mid-market
  • Overcoming the perceived and actual boundaries between the operations and finance in order to achieve genuinely effective SCF programmes for buyers and suppliers
Igor Zax, Managing Director, Tenzor, UK
Enrico Camerinelli, Senior Analyst, AITE GROUP, Italy
Jochen Oberlaender, General Manager, Surecomp, Germany

To take advantage of 10% speaker discount please use SCF10 code when registering for the conference.

 

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Igor Zax to chair Trade Credit- Finance Risk and Insurance conference

Igor Zax, Managing Director of Tenzor Ltd., will chair a conference Trade Credit – Finance Risk and Insurance 23-24 September 2015. The conference, organized by IIR/Informa, would include top speakers from major banks, credit insurers, ICC, factoring and technology companies, as well as corporate users.

As a speaker I am delighted to offer 20% discount -please quote VIP code FKW52969EMSPK To register for the event please use the following link http://www.iiribcfinance.com/FKW52969EMSPK

 

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Igor Zax published on Distribution Finance at Trade and Forfeiting Review

Igor Zax, Managing Director of Tenzor Ltd., published an article, Receivable Finance: Distribution Finance at Trade and Forfeiting Review. The article is focused on changes in distribution finance landscape and the way new developments such as Supply Chain Finance, Dynamic Discounting, credit insurance products and overall changes in supply chain management can revolutionize this area.Published at TFR (www.tfreview.com)

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Igor Zax interviewed on Credit Insurance for Secured Lender

Igor Zax, Managing Director of Tenzor Ltd., was interviewed about credit insurance, among other industry leaders in Secured lender, a publication of Commercial Finance Association.

The article,

Trade Credit Insurance Proves to be a Useful Financial Tool

was written by, Eileen Wubbe, Senior Editor and also includes interviews with senior officers of credit insurers (Atradius, COFACE, EULERHermes), insurance brokers (Marsh, Arthur J. Gallagher) and Financiers (GE, EX-Works Capital).

Igor Zax is also looking forward to moderating credit insurance panel at Factoring and Trade Finance World, a major conference by Commercial Finance Association, that will be held in Miami 2-4 March 2015.

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Igor Zax to moderate a panel at Factoring and Trade Finance World

Igor Zax, Managing Director of Tenzor Ltd., is going to moderate  a panel during Factoring and Trade Finance World Conference in Miami 2-4 March 2015, organized by Commercial Finance Association (CFA). The panel,  Trade Credit Insurance would bring leading figures from major credit insurers (Euler Hermes, Atradius and COFACE) as well GE as a major user, and will include:

  • Kick Baesjou, Global Solutions Director, Coface
  • David Huey, President & Regional Director, NAFTA, Atradius Credit Insurance
  • Todd Lynady, Vice President, XoL (Americas), Euler Hermes World Agency
  • Robert Santimays, Chief Credit Officer, Working Capital Solutions, GE Capital

The agenda for the panel:

Product strategy – whole turnover, single risk, XoL, specialized solutions- where is the value?

·        Regional strategy – US, Europe, Emerging Markets.

·        Global clients- are insurers geared to serve them?

·        Financial institutions vs. corporate clients – difference in approaches.

·        Insurers and financiers – partners or competitors?

For link to agenda please see below:

https://www.cfa.com/eweb/DynamicPage.aspx?Site=CFA&WebKey=d7da70e4-61f9-4b65-9fdb-57cc5e9aac18

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Receivables Finance in the Context of Working Capital Management by Igor Zax

Igor Zax, Managing Director of Tenzor Ltd, published a new article, Receivables Finance in Context of Working Capital Management in TRF News (Trade and receivable Finance News, a major publication by BCR).

Editorial comment states “Igor Zax’s article in today’s trfnews, ‘Receivables Finance in the Context of Working Capital Management’, reminds us of the value of looking back at the history of modern supply chains and how working capital management, and hence factoring and supply chain finance, has developed from this. It also reflects on the potential frailty and dangers that over exposure to some supply chain structures can bring.

On late payments he says: “just a couple of weeks delay on 30 day terms increases working capital consumption by one-and-a-half times.” I wonder how many factors use such direct terms in their advertising material. If they do not, perhaps they should consider it, particularly as the trend is for larger companies to use receivables finance, and it is those companies in particular that tend respond well to the use of such analytic sound bites.”

Reprinted with permission.

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Igor Zax to moderate a panel "Developing Value in an Invoice Financing Business"

Igor Zax, CFA,  Managing Director of Tenzor ltd., is going to moderate a panel “Developing Value in an Invoice Financing Business: What Makes it Ripe for Investment?” at Receivables Finance 12th Annual Convention in Warsaw, Poland, 1-2 April 2014. He will be joined at the panel by Simon Featherstone, Global CEO of Bibby FInancial Services, Margrith Lutsch-Emmenegger President, Fimbank and Chairman, International Factors Group, and Richard Woodhouse.
Igor Zax is alos going to present at a panel “Understanding the Supply Chain Finance Ecosystem” at the same conference togheter with heads of Supply Chain Finance from HSBC, ING and RBS.

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DISTRIBUTION FINANCE – A TIME FOR CHANGE? by Igor Zax and James C. Berry II in World Supply Chain Finance Yearbook 2013/2014

Igor Zax, managing director of Tenzor Ltd, and James C. Berry, II, Executive Director, 5I Group LLC, published a new article, Distribution Finance – A time for change in World Supply Chain Finance Yearbook 2013/2014, a major publication by BCR/Factorscan.
The article addresses industry landscape and fundamentals, new products and approaches to make the industry more competitive and better serve client needs, and opportunities for new entrants (such as leasing companies and banks) in this market.

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Igor Zax to present at Receivables Finance 12th Annual Convention

Igor Zax, Managing Director of Tenzor ltd., is going to present at Receivables Finance 12th Annual Convention in Warsaw, Poland, 1-2 April 2014. He will be joining a distingushed panel including Bertrand de Comminges, Global Head Open Account Solutions, HSBC, Anil Walia, Global Head of Supply Chain Finance, RBS and Joaquin de Jiménez Krijgsman, Global Head Supply Chain Finance, ING Commercial Finance for a session on Understanding the Supply Chain Finance Ecosystem, adressing role and challenges of both Supply Chain FInance and Distribution FInance globally.

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