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Zalando

Winner: Best Integrated Working Capital Project

The award for Best Integrated Working Capital Project went to Zalando for transforming its invoicing and payments processes with an automated and interconnected solution that has improved efficiency, sped up invoice delivery and settlement and allowed more robust cash flow management for both the publicly traded German online retailer and its suppliers.

Judges described the solution – which was born through a collaboration between Santander and software provider SAP’s Business Technology Platform (SAP BTP) – as “a great example of a plug-and-play combined solution.” They also praised Zalando and its partners for their “innovative approach” towards achieving an end-to-end controlled payment process, as well as their rapid implementation of such a large and complex project.

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