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Through The NORTH Way, we guide you safely through the complex financial market. We analyze and assess your current financial agreements and payment solutions, present your options and savings potential, and are by your side in the subsequent negotiation with the bank or financial player.
We specialize in payment solutions, payment types, acquiring agreements, currency exchange, financial contracts, financing, deposit leasing, cash management, card solutions and much more. We divide our services into three main categories:
CFO, Accounting Manager, Finance Manager – well, whatever your position, this financial guide is for you if you are a decision-maker in a finance function responsible for the company’s financing, working capital, currency policy and risks in these areas.
Analytics: At NORTH, we have years of experience and insight into the banking, payment and financial agreements market. That’s why we are exceptionally skilled at analyzing your company’s current agreements so that together we can identify new opportunities for both better solutions and savings.
Assessment: We create a solid assessment of the optimization opportunities for your current banking, payment and financial agreements – without your company having to dedicate a lot of resources to the process.
Recommendation: We always present a thorough and well-argued recommendation that puts your company in a strong position for further dialog with your financial suppliers. If you wish, we can of course also assist you in the negotiations, ensuring that you take advantage of all opportunities for savings and better terms – and that the drain on your company’s own resources is minimized.
Monitoring: As a NORTH customer, you benefit from our constant monitoring of the financial market. This means we inform you immediately when new opportunities for savings and better solutions arise.
“Throughout the entire process, NORTH has, on its own, been responsible for dialog and negotiation of our terms. NORTH has continuously kept us updated and acted on behalf of Søstrene Grene’s interests, and the feeling in my stomach throughout the process has been really good. The project and the process have been extremely positive – and it has been very satisfying that I have been able to watch the project and the results unfold from the sidelines with minimal effort on my part.” – Martin Kofoed Lundgaard, CFO of Søstrene Grene
“NORTH has helped us with the change of our primary bank. We have been pleased to be able to make use of their broad market knowledge to ensure a solution that is market compliant and that solves our need to get money to the world’s hot spots at short notice. At the same time, NORTH was quick to understand our specific needs and make suggestions on how to solve them. I have no doubt that the solution we have now is better than it would have been if we had not asked NORTH to assist us.” – Mette Barfod, CFO.
“NORTH challenged us on the prices in our banking agreement, claiming that they were not in line with the market. how attractive they thought we were to banks. That’s why we started a process that ended with a tender for our banking business. The result was that we achieved a good percentage saving without switching banks. Throughout the entire process, NORTH has been easily accessible and professionally competent. We have always felt that it was a good and proper process. I am convinced that we would not have achieved the same result without NORTH’s knowledge and involvement.”
– Sten Clemen Andersen, CFO.
“We have experienced NORTH as a reassuring sparring partner who has analyzed our financial agreements with both banks and payment solutions, giving us increased insight and transparency of the opportunities in the market. It is important for the association to ensure that all suppliers always offer optimal conditions for the association, which is why we have benefited greatly from NORTH’s competencies and insight into the market. I would definitely recommend their impartial work to others.”
“NORTH assisted us with a review and analysis of our merchant agreements – they negotiated on our behalf. This has resulted in a saving we wouldn’t want to be without, which is why we are satisfied with their advice and results.”
“NORTH has had the necessary expertise and advised us in this area. They did this by creating an overview of the different payment solutions and their associated costs. Transparency has increased significantly – and the process has also resulted in significant savings, which we are very pleased with. In addition, NORTH managed the entire process, which meant that our use of resources was very limited. We are very pleased with the results and the collaboration with NORTH.”
“We have been very satisfied with the process with NORTH, who analyzed our factoring solution. They identified areas that could be optimized, which were subsequently implemented, resulting in significant savings. In addition, the time spent on my part has also matched our initial discussions, which is important to include in the overall result. Financial Procurement receives my highest recommendations as a result of this process.”
“When we were considering a new payment provider, Financial Procurement advised us on solutions and optimized pricing significantly. In addition, Financial Procurement has also advised us on consumer financing – afterpay, where the pricing was also significantly improved with Financial Procurement’s advice. The project has resulted in significant savings, increased transparency and better solutions, which is why we are very satisfied with Financial Procurement’s work.”
“The borrowing was on terms that were significantly better than we had initially expected, while all other terms and distribution of mortgage loans were also analyzed, assessed, negotiated and handled in a professional manner. In addition, other financial agreements were analyzed in depth, which secured us a significant saving that we wouldn’t have wanted to miss without compromising our relationship with our bank, which was obviously important. NORTH demonstrated clear competencies in the field, which is why we are very satisfied – and will of course use their competencies in the future.”
“As an impartial party, NORTH has acted extremely professionally, created increased transparency – and negotiated prices and terms that I am very satisfied with, as these are significant savings. The negotiation result also includes a more relaxed security package, which is worth keeping in mind. They receive my highest recommendations.” – Lars Zinglersen, CEO.
“Nissens has used NORTH for advice on optimizing financial solutions, agreements and prices.”
“NORTH has advised us on an assessment and optimization of our factoring program. We had an expectation that we had competitive prices, as we had previously carried out a tender ourselves, but NORTH’s insight into the market, advice and benchmarks meant that we achieved even better solutions and prices than we expected possible. As a result, we have been very satisfied with their work as an impartial party.” – Henrik Rennison Hansen, CFO.
“Why not choose NORTH? Throughout the process, they have acted extremely professionally and have focused on uncovering our needs through the most optimal set-up. This has resulted in significant savings on our financial solutions and minimal use of internal resources. We intend to continue to use NORTH as a financial sparring partner to ensure the right set-up and competitive prices. Based on this, I would recommend NORTH!”
– Mark Wodstrup Betzer, CFO & COO.
“Initially, I was cautious about using an independent bank broker, as I expected us to have the optimal solutions and market-consistent pricing. NORTH’s strong competencies and great understanding of the financial products have given Second Female a great benefit in the form of; significantly better solutions and a more relaxed security package, transparency and overview – as well as a significant improvement in pricing. The process itself has been handled professionally and efficiently by NORTH.”
– Steen Holtermann, CEO.
“NORTH has exceeded my expectations – both in terms of savings, but also in terms of creating a trustworthy collaboration. My time spent in the process has been minimal, which is why NORTH has handled the process independently and efficiently; requested data, set up and analyzed – and finally negotiated better solutions and terms. It was a satisfactory and rewarding process, which is why NORTH receives my best recommendations.”
– Christian Julskov Thulesen, CFO.
“With their professional approach, NORTH has given us a completely different overview and created transparency, while we have also chosen to change several parts of our cash management set-up following their recommendation. NORTH has negotiated significantly better solutions and prices for us with our existing bank – and we continue to have a constructive and positive dialog with the bank. I have used very limited resources – and I will continue to use NORTH in the future.”
– Ann Kristina Bret, CEO.
“We are very satisfied with their work and output. The entire process was handled efficiently and professionally by NORTH.”
– Claus Østergaard Jensen, CFO.
“NORTH has acted as a trusted independent financial advisor, where they have created great value in the analysis phase as well as in the negotiations with the suppliers, due to their expertise and insight in the various financial areas. It has also been liberating to be able to ask other professional questions and get answers quickly, without it being part of the process and task. It has been a pleasant and value-creating process, and I am very satisfied with the result, which is why I am happy to recommend NORTH to other companies.”
– Simon Jarl Jacobsen, CFO.
“Our meeting with NORTH has definitely been a positive experience. We must admit that we were a little skeptical about the possibility of achieving significant savings. But with their great insight into the banking world, NORTH has helped us negotiate new and significantly better terms. At the same time, it has been a very educational process for us, and we can definitely recommend NORTH as a business partner.”
– Bo Søndergaard, Chief Financial Officer.
“NORTH’s advice has helped Phase One achieve better financial terms. We have also gained a better overview of our financial agreements and prices, including significantly increased transparency. The process has been handled satisfactorily by NORTH.”
– Martin Høy, CFO.
“As an independent bank broker, NORTH has advised Uni-tel in connection with the negotiations of a bank tender. NORTH has advised on the choice of banking products, including increased transparency around solutions and prices. This has meant that Uni-Tel has achieved the best possible solutions and prices in the market. NORTH’s analysis and assessment made it easy for us to make the right decision for the bank offering. I am very satisfied with NORTH’s work.”
– Morten Isaksen, CFO.
“NORTH has reviewed our financial solutions and through their advice we have achieved better terms. The collaboration with NORTH has given us a better insight into our financial solutions and at the same time provided significant savings on the same setup. The process with NORTH has been satisfactory and we have always felt confident that NORTH treated our business partners properly and professionally.”
– Jonas Haven, Financial Manager.
“We have been extremely satisfied with the process, including NORTH’s impartial work – as well as the benefits of the project. NORTH has handled the project efficiently and professionally.”
– Keld Larsen, CFO.
“I am very satisfied with NORTH’s impartial work. They have significantly increased insight into our costs at the bank – and optimized them significantly through a renegotiation that also included benchmarking. I can always recommend other CFOs and companies to use NORTH, who have acted professionally and properly with objective arguments throughout the process. I look forward to utilizing their expertise in the future.”
– Morten Lynge Bjørk, CFO.
“We have used NORTH as an independent advisor to review our banking agreements. Their advice has been holistic, looking at both our Danish – as well as international banking agreements. We have been very satisfied with the project, where we have always felt in safe hands, we have been informed and asked questions along the way – and we are also satisfied with the final result in the form of increased transparency and concrete savings, which is why the project has been rewarding.”
– Jeannett Hvidkjær, CFO.
“We wanted an impartial assessment of our currency flow, as well as an assessment of other terms on the daily banking transactions, which NORTH has handled satisfactorily for us. They have optimized and renegotiated the prices, which we are satisfied with – and we have only experienced them as a professional and competent sparring partner in the process.”
“When considering a new bank, NORTH has advised on the pros and cons of switching banks. NORTH has also provided a specific assessment and recommendation of the terms, solutions and prices offered, which has been used in the bank negotiations. NORTHs advice has given us transparency – and a complete overview, which has made it easy for us to make the right decision when choosing a new bank.”
– Torben Yde, CEO.
“We use two different banks and had a hard time figuring out whether we had the best possible solutions and prices in the market. NORTH has advised us in this regard and helped us gain transparency – and we have achieved significant savings, which is why we are very satisfied with the process and NORTH’s advice.”
– Mette Gordon Vallentin, Finance Director.
“We have used NORTH for optimization of payment card solutions and have been very satisfied with the process, and it has been very rewarding.”
– Mads Bigum, Accounting Manager.
“NORTH has acted in a structured and professional manner throughout the entire process, where NORTH has contributed to the creation of a very satisfactory Reverse Factoring program, which meets our expectations. NORTH’s competencies in the financial area have been valuable, which is why we find them recommendable.”
“At NOWACO, we are always looking to optimize on all fronts, which is why it was natural to analyze our financially oriented costs in depth and renegotiate our agreements with financial partners. NORTH has handled this in a professional manner, acting respectfully towards our business partners. We are completely satisfied with the final result, which is why we can recommend other companies to use NORTH for a similar process.”
CFO Henrik Knudsen says that he has been satisfied with the process handled by NORTH and the outcome.
“NORTH’s advice has contributed to Kopenhagen Fur gaining increased insight into our overall financial solutions and costs – and we have achieved significant transparency. This has made it easier for us to navigate – and thereby make the right financial decisions. In addition, NORTH’s insight and competencies have allowed us to benchmark our solutions and prices, which has provided a basis for identifying better solutions and the right market-consistent pricing in all product areas.”
– CFO Uffe Winther
“We have used NORTH to assess our financial solutions and they have given us valuable insight into the possibilities. Specifically, we have also used them on the warranty side, where we have optimized our agreements – and spread our exposure across multiple players. We believe their work is valuable, which is why I’m happy to recommend them to others with the same global exposure we have.”
– Claus Haugaard Madsen, CFO.
“NORTH’s expertise and advice has helped us get the right payment types and lower prices. In addition, we now have a consistent overview of all our payment solutions. We are especially pleased that NORTH has focused on finding the right solution for us and our consumers, not just the lowest prices. Throughout the entire process, NORTH has acted professionally and taken responsibility for progress, which is why we are very satisfied with their impartial work.”
– Michael Winther, CFO.
“NORTH’s advice has ensured transparency and insight into our current solutions and pricing. In addition, NORTH’s expertise and insight into the market has resulted in better solutions and prices, which we are very pleased with. The entire process was handled efficiently and professionally.”
– Jakob Mikkel Hansen, CFO.
“The result of the collaboration was very satisfactory, where I would highlight minimal effort on our part and significant savings as valuable success factors. NORTH contributes significant value in the hours saved during these negotiations as well as in the savings they can achieve with their insights. I would highly recommend using NORTH and their skills should a company face similar challenges.” – Jørgen Vind Hansen, CFO Wellvita ApS
“Throughout the process, NORTH has shown a professional, structured and objective approach with a niche knowledge within leasing, fleet management, financing, etc. which means that Brøndum, in connection with The tender process has resulted in significantly better conditions and prices, and the interaction between Brøndum and NORTH has been complementary and very satisfactory. At the same time, NORTH has managed the process from start to finish, which means that our own time consumption has been significantly less than if we had managed the process ourselves.”
“NORTH Financial Procurement has assisted with an optimized holistic solution where we have achieved significantly better transparency and terms than the starting point. We have used few resources during the process and we are satisfied with what we have achieved, which is why we consider NORTH Financial Procurement definitely recommendable.”
“NORTH’s consulting helped us establish an overview of our payment platforms. In addition NORTH helped us analyze and assess our merchant agreements, which proved to be an opportunity for optimization. Finally, NORTH has negotiated new and competitive terms on our merchant agreements that have resulted in significant savings. In terms of process and results, it has been a very positive experience, which is why we warmly recommend recommend similar companies to make use of NORTH’s competencies.” –
CFO Anders Thygesen.
“NORTH’s expertise and advice has meant that we have been able to bring in the right local payment types and achieved significantly better prices. In addition, we have gained an in-depth knowledge of the payments market. We are pleased that NORTH has focused on finding the right solutions for us, not just the cheapest solutions. North has acted professionally throughout the process and taken responsibility for the progress, which is why we are very satisfied with the project.”
“NORTH’s competencies and insights have helped us to have peace of mind throughout the shutdown – and the necessary migration to the new payment platform. At the same time, it has allowed us to concentrate on our day-to-day work, as we have only been involved in the project at times. We are extremely satisfied with NORTH’s efforts and would recommend them to others in similar situations.” – Jakob Stenderup-Larsen, CFO Helsam Gruppen A/S
“We have experienced that NORTH has provided the necessary expertise and has shown an ability to run an efficient process with us and our financial suppliers that has led to good results. NORTH’s contribution to the process we have been through has also been characterized by a persistent and rigorous process, solid arguments for our claims and a respectful and objective dialogue with our financial suppliers. We are very satisfied with the process and its results.” – Kenneth Sørensen, Chief Financial Officer.
“At Knauf, we have utilized NORTH’s expertise in assessing and benchmarking banking agreements, where their data and benchmarks have been valuable in gaining an increased insight into our total costs including the hidden ones – as well as with benchmarks on all levels. This has given us valuable insights to help us navigate even better from here in terms of our future actions towards partner banks. We therefore believe they are worth recommending to similar companies that similarly want this insight and optimization opportunity.”
“After an introduction to NORTH, we decided to use them, which we certainly haven’t regretted, as they have created increased transparency and overview, highlighted areas that were not transparent and clear – and ultimately assisted in optimizing all agreements. The interaction between NORTH and CFO has resulted in significant savings, which we are very pleased with”
“Financial Procurement’s insight into the market and expertise in payment types has helped us achieve significantly better solutions and prices. Secondly, we have gained increased transparency with a complete overview of costs and options. Today, we have transparency in all our solutions and prices, which makes it easier for us to make decisions in the area of payment types in the future – on an optimal and informed basis.”
“It has been educational and insightful – resulting in a much better overview of the costs of payment methods and much more. These insights and benchmarks were subsequently used in negotiations, which yielded satisfactory results. A valuable process and we will continue to use their skills.”
“Working with NORTH Financial Procurement has provided us with insights we could not provide on our own, the right payment setup and a significant cost reduction on our payment solutions.” – Jesper Teddy Christiansen, CFO
‘”With their strong insight and competencies in the financial industry, Financial Procurement has provided impartial holistic advice that has significantly increased transparency and insight into pricing, solutions and relevant players. They have been able to negotiate satisfactory individual agreements on our behalf, resulting in better global solutions – as well as significantly improved pricing. The improvements in solutions and pricing are also much better than I had initially expected.”
– Kenneth Davids, Financial Manager and co-owner.
“It is essential for us to be competitive on all parameters, which is why it is important that we have satisfactory terms and solutions with all our business partners. NORTH has assisted 3Shape with a review of our financial set-up, where we have experienced qualified and valuable independent advice.
NORTH has demonstrated a professional and objective approach with a niche knowledge of all our banking products – and has positively challenged 3Shape in areas we had not initially assessed a need. Together, we set the scope.”
CFO Mads Sanderhoff Poulsen says he has been satisfied with the process and the benefits of Financial Procurement’s impartial advice.
“NORTH Financial Procurement’s advice has contributed to GUBI achieving better financial solutions and pricing. Their advice has also resulted in us achieving the necessary transparency. The process is handled professionally and efficiently from Financial Procurement’s side, which is why we are very happy with their work”.
“Banking products in large companies today are complicated and time-consuming to understand, and it can be difficult to get the full picture. We continuously use NORTH to analyze/assess our banks, which gives us the transparency, openness and benchmarking of our banking operations, ensuring a more nuanced dialog with our banks”.
“We chose to use NORTH’s expertise when we suspected incorrectly charged fees from a payment provider. With NORTH’s assistance, we identified and made it visible to our supplier that there had been a significant over-invoicing over a long period of time, which was corrected and subsequently credited. The process has been a positive experience that has been well managed by NORTH and resulted in significant savings. Compared to an absolute minimum of hours spent on our side, we are quite satisfied with the project.”
Fill out the form if you are interested in learning more about how we can help you achieve the optimal individual financial solution at the best price.
Contact us for a no-obligation chat about your financial solutions.
Benjamin Feldman, Partner and Director,
Financial Procurement
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