08 Feb AQ Acentor and All CMS reach agreement to strengthen developer’s financial infrastructure
AQ Acentor, a Spanish real estate developer specialized in developing projects in metropolitan areas, has signed a collaboration agreement with All CMS, a consulting firm specialized in the implementation of integrated treasury management solutions covering banking connectivity, accounting and payments.
Facts about All CMS’s collaboration with AQ Acentor:
- Start of the project and signing of the collaboration agreement in 2024
- Integrated treasury management, banking communication and IHB platform.
- Implementation of the tool in 5 months and continuous first level support in Spanish.
Specifically, both companies will work to implement cash management software that will ensure:
-
-
- Advanced banking connectivity: All CMS will facilitate a seamless connection with the banks that serve AQ Acentor’s business, simplifying processes and reducing lead times for a reliable and timely cash position.
- Comprehensive cash management: the solution will offer robust tools for efficient cash management, providing AQ Acentor with a real-time view of its financial position.
- Inhouse banking: the ability to implement in-house banking functions will give AQ Acentor greater control over its internal transactions and centralized account management.
- Automated accounting: All CMS will automate the posting process, improving accuracy and reducing the risk of manual errors.
- Complete payment management: the solution will facilitate secure and efficient payments, consolidating transactions on a unified platform.
-
In the words of Ivan Nombela, AQ Acentor’s Chief Financial Officer: “Cash flow management is essential for any company, and even more so in the real estate development industry. In this context, the agreement we are announcing today is a natural step forward in the consolidation and strengthening of our financial infrastructure, following the company’s growth in recent years”.
In order to ensure the implementation of All CMS at AQ Acentor, All CMS will assign a team of highly qualified consultants, with extensive experience in the financial sector, for an estimated period of five months. This will ensure a smooth transition, after which they will provide ongoing support to the developer.
This new phase of collaboration between AQ Acentor and All CMS reinforces AQ Acentor’s commitment to operational excellence and the drive towards a more efficient financial future.
About AQ Acentor
AQ Acentor is a Spanish real estate developer specialized in developing projects in the metropolitan areas of Madrid, Barcelona, Valencia, Malaga, Seville, Toledo and Murcia. The company has an accumulated investment of more than 2,700 million euros and a portfolio comprising more than 6,800 new homes, 100,000 m2 in retail space, 1,000 beds in hotel assets, 22,000 m2 of office space and more than 1,400,000 m2 of logistics land under development.
About All CMS
All CMS is a consulting firm specializing in treasury management that unites the knowledge of the best treasury applications with the expertise of its team of consultants to help companies transform the treasurers’ function. It is recognized for its expertise in financial solutions, offering a complete set of tools for the effective management of banking connectivity, treasury, inhouse banking, accounting and payments. Its customer-centric approach and proven track record make All CMS the ideal choice for companies looking to optimize their financial infrastructure.
Download the press release about the implementation of integrated treasury management solutions at AQ Acentor.
Our end-to-end treasury management solutions enable you to improve your financial management with services such as:
- Cash Management
- Payment Hub
- Cash Accounting
- Risk management and financial transactions
- Bank Connectivity
- Supply Chain Finance
Some of the companies that rely on our expertise
