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Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

The year 2024 brings a landscape of unprecedented challenges and opportunities for corporate treasurers. From the ongoing global conflicts to the lingering effects of high inflation, corporate finance professionals are gearing up to navigate an environment marked by volatility and uncertainty.

Treasury 105
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Auditoria Debuts New Automation Features For Corporate Finance

PYMNTS

There are three new features — Intelligent Collections, Intelligent Vendor Management and Intelligent Planning — which are intended to remove time-wasting steps and friction and improve cash flow for corporate finance teams, the release stated.

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HighRadius Launches AI Cash Forecasting Tool

PYMNTS

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology. HighRadius said that legacy strategy is “crippling corporate treasurers from making confident short-term and long-term debt and investment decisions.”

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Effective ways finance can navigate digital transformation post-pandemic

Future CFO

FutureCFO: What’d be the challenges facing the finance function and the CFO post-pandemic? Visibility of cash flow, forecasting, fraud, risk management (FX, third party) and real time are the most requested. However, having a cloud-based treasury management solution is never enough.

Finance 52
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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

PYMNTS

Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.

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The Convergence Of Trade Finance And Trade Credit Insurance

PYMNTS

It’s a valuable proposition for corporate traders to streamline workflows, as well as for financiers to further underwrite and mitigate risk. “But you also get a digital, objective identification of the underlying assets that give underwriters visibility in real time.” ”

Finance 63
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VC Seems To Fizzle Out For B2B FinTechs

PYMNTS

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Treasury Management. The company provides cash and treasury management solutions. Catfoss Finance.

B2B 40