Articles

While corporations have embraced cloud technology for everything from customer relationship management to recruitment, one area of the business has lagged behind.

With single euro payment area (SEPA) adoption by organizations across Europe now less than a year away, many businesses remain unprepared for the changes, new research reveals.

With the expiry of the Federal Deposit Insurance Corp’s (FDIC) Transaction Account Guarantee (TAG) program confirmed for December 31, treasury departments now have a certain date to make decisions about where they want to hold their cash balances.

The treasury workstations of the past have evolved into sophisticated treasury solutions in the cloud developed by cutting-edge solution providers.

Many major businesses are failing to maximize their available cash due to a lack of effective treasury management practices. With a more efficient and strategic approach to managing their cash, businesses can make their surplus cash work harder for them,...

There is no perfect answer to the question of what is the optimal structure for a corporate treasury.  According to the recent Corporate Treasurers Council Guide on Global Treasury Structures, underwritten by Kyriba, US corporates are finding significantly...

Kyriba’s Bob Stark has been featured in Global Finance Magazine this month, in a video detailing the main benefits of treasury management systems.

Automation

Many industries are rapidly embracing cloud computing as its benefits are becoming more widely known. However, some businesses - in the finance industry in particular - are still concerned about the security credentials of the technology. Below, we discuss...

As businesses become increasingly global in their activities, treasury departments find themselves weighed down with a growing number of banking relationships to manage, and a number of basic functions that need to be undertaken on a daily basis.

Minimizing exposure to risk is an essential job for corporate treasury departments. In most risk management studies, including a comprehensive global survey in 2011 by Accenture, Liquidity Risk is rated the first or second (to counterparty risk) concern...

Treasurers are playing a more important role in supply chain finance (SCF) and as a result are improving risk management procedures, while creating cash and working capital optimisation.

Treasury decision making is getting better, aided by reports that key on real drivers and present actionable analyses. However, a survey of practitioners shows the most useful reports are not necessarily high-tech, vendor-delivered or graphically...

While supply chain finance (SCF) programs are still relatively rare—only about 200 U.S. companies are thought to have them in place—such programs are gaining momentum in the wake of the financial crisis as companies seek to extend payment terms without...

At present, the limited selection of software that automates supply chain finance (SCF) arrangements tends to be bank-centric. The unstated goal of this approach is to bind the corporation to the SCF-supplying bank as closely as possible.

The supply chain hasn’t always been a traditional area of responsibility for a company’s treasury department. However, more and more chief financial officers and treasury departments are finding that they can leverage technology to automate supply chain...

When it comes to cash flow, Buyers and Suppliers want different things.  Because credit and access to liquidity remains scarce, cash flow is coveted by both parties in a trade relationship: Buyers want to hold cash as long as possible and Suppliers want to...

Today’s Treasurers and CFOs are constantly looking for new and better opportunities to maximize working capital and minimize counterparty risk in their company’s physical supply chain.

In quiet ways, treasuries are using technology to transform operations. Craig Jeffery, managing partner at consultancy Strategic Treasurer in Atlanta, reports that leading companies are deploying flexible treasury technology architecture that allows them...

Managing working capital in a way that improves the availability of cash within a company is perhaps more important than ever, in light of the difficulties many firms are still having in obtaining bank-supplied credit.

Despite sitting on larger cash reserves than at any point in recent decades, many large US corporate cash management departments are disproportionately risk-averse.

Cloud computing and its benefits are a hot topics in the media at the moment as large corporations and small businesses are starting to understand the true gains to be made through automating businesses processes, such as cash management.

Businesses are steadily coming round to the idea of paying a monthly subscription for a software service that is hosted online (Software as a Service – SaaS).

The corporate treasury industry is finding that market disruptions have led them towards a new set of preoccupations, with much of the emphasis on minimizing risk and maximizing control and visibility.

Figures show an increasing number of smaller and middle-market businesses are outsourcing parts or all of their corporate treasury activities, often to cloud–based software providers.

A privately held $500 million company with a two-person treasury operation can find affordable technology and use it to achieve a high degree of automation and straight-through processing if it finds the right formula. For Chicago-based CareerBuilder.com,...

Treasury management systems (TMS) have evolved greatly in the past 25 years, but careful planning is still required to maximise their potential.

A lot of treasuries are buying new software. A lot are moving to hosted software, or software as a service (SaaS). With money and time short during a global financial crisis, though, not that many are doing a thorough reengineering to make all the pieces...