Episode 108: What is PoBo and CoBo? With Laurent Geunens

Welcome to the Corporate Treasury 101 podcast! Today, we talk about PoBo and CoBo. What is even that, you may ask? PoBo CoBo are the acronyms for “Payments On Behalf Of” and "Collections Of Behalf Of”. Who better than a former Treasury Consultant who has implemented PoBo CoBo structures for clients, to speak about this topic? Laurent Geunens was a Manager in the Treasury Practice of a Big 4 consulting firm, and is now the Global Treasury Leader at Punch Powertrain. Needless to say that he is a seasoned Treasury professional with a tremendous amount of knowledge, in particular when it comes to in house banks, Treasury Systems and PoBo CoBo. In the episode of today, expect to learn:What is PoBo CoBo? What are the benefits for corporates to have such a structure? What are the restrictions to be taken into accountHow to implement a PoBo CoBo structure technology, ressources and location wiseThe type of structure Laurent has implemented when he was a Treasury consultantWhether Fintech can impact the world of in house banksAnd much… much more Laurent is… amazing. He has such a deep understanding of complex Treasury processes, structures, systems and yet, is able to break them down into a very understandable way. I really enjoyed our conversation. If you do as well, please consider leaving us a review? We got some amazing reviews lately on Spotify and know that Hussam and I are tremendously grateful for that. This is the best way to help us, along with sharing the episode to the people you think will be interested!Last note before diving into our fascinating conversation with Laurent, we are now on Linkedin! If you would like to reach out, suggest a topic, ask a question, or simply say hi, we would be happy to have you! Just look for Corporate Treasury 101, that is us ;) Links & references:Laurent Geunens on Linkedin: https://www.linkedin.com/in/laurentgeunens/Punch Powertrain: https://punchpowertrain.com/___________________________Learn the fundamentals of corporate treasury by downloading your FREE copy of the Corporate Treasury eBook Here!Follow us on Instagram @corporatetreasury101If you have any questions or topics you want us to tackle in the future, reach out to us on Instagram or email us at [email protected]