Cotton Firm Picks Selkirk Financial Technologies
Parkdale Mills, the world’s largest independent producer of cotton and cotton blend yarns, has selected Selkirk Financial Technologies’ Treasury Manager system as a key part of its efforts to improve treasury operational effectiveness. Parkdale’s objectives are to decrease the time dedicated to gathering, manipulating and distributing data, while increasing the quality and availability of financial management information. Parkdale has already automated much of its manufacturing operations, according to treasurer Patrick Murphy, who aims to ‘reap the benefits of automation’ following the agreement with Selkirk. ‘From their RFP response and on-site demonstration through to contract negotiations, Selkirk showed us they have the expertise and the drive to make what we want happen,’ he noted.