CFO Leadership

MARCH 31, 2022

Five steps to improve global cash visibility. Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They struggle to keep an overview on their cash and risk positions. In the dark about global cash? And they need technology.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

OCTOBER 22, 2019

But the executive insights in the pages that follow offer a bit of roadmap for cash managers to see more restful nights. But it can offer opportunities for executives who embrace technological innovation as global supply chains are increasingly interconnected. Among the Highlights.

Cash Management 41

Cash Management B2C Currencies B2B 41

PYMNTS

SEPTEMBER 8, 2020

The rise of the coronavirus has spotlighted the need for corporate treasurers to make real-time decisions about cash management. Though technology is accelerating and improving access to information, maintained Schwartz. “A You’ve got to adhere to currency cut-off times. The Advantages Of Centralized Access .

Treasury 107

Treasury Currencies Cash Management Accounting 107

PYMNTS

JANUARY 22, 2021

While the corporate treasurer's fundamental role has remained steady, the treasury function has seen dramatic impacts from a changing market that is increasingly moving toward real time. Luckily, technology continues to evolve in ways that can aid treasurers in their pursuit of optimizing liquidity management.

Treasury 103

Treasury Concentration Currencies Banking 103

Strategic Treasurer

OCTOBER 14, 2022

Details were gathered about banks’ concerns and recommendations for client security, corporate payment complexity, volumes, currencies, challenges, plans for technology use, and more. Among the top findings were the following points: Multiple Systems and Security Fraud Management Top List of Payment Challenges.

Securities 52

Securities Investments Planning Treasury 52

PYMNTS

JULY 21, 2020

At the same time, however, these innovations have also introduced unfamiliar disruptions to antiquated workflows, creating new challenges for treasurers to understand how to readjust their processes and cash flow management strategies as their role within the enterprise grows more complex and valuable.

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

Strategic Treasurer

MARCH 6, 2023

In the Language of Finance sub-series, we will look into different terms that should be understood in order to communicate effectively with the rest of your treasury team and with others. How does the language of FP&A differ from treasury? Does it mean currency? Does it mean physical cash? Does it mean available cash?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Treasury GAAP 52

Future CFO

MARCH 21, 2022

Three years after Danone Asia implemented a cloud strategy to its treasury management system, boosting its visibility and control, Pulat Yunusmetov , Danone Asia regional treasury manager, urges companies - on a similar cloud journey - to buck the conventional wisdom of going after the cheapest solution in the market. “Do

Budgeting 52

Budgeting Treasury Risk Management Currencies 52

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. To that end, this week PNC Bank said it has reached a deal to buy Tempus Technologies for an undisclosed sum.

Banking 60

Banking Treasury Cash Management Invoicing 60

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cash management becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial.

Treasury 46

Treasury Cash Management Foreign Exchange Budgeting 46

PYMNTS

JANUARY 17, 2019

Marcus grabbed some of the initial headlines in the wake of Wednesday’s earnings call, but beyond the consumer, observers got a glimpse of how the company views financial technology in the service of corporate clients. The goal, too, is to serve consumers in investments and wealth management.

Investments 74

Investments Cash Management Treasury CFO 74

PYMNTS

OCTOBER 8, 2019

The world is moving toward better technology, simpler design and instant access to data and automated analytics,” said Mark Smith, Citi Global head of liquidity management services, treasury and trade solutions. “We Cachematrix is excited to power Citi’s Online Investments portal with our best-in-class financial technology.

Investments 40

Investments Foreign Exchange Treasury Cash Management 40

PYMNTS

AUGUST 29, 2017

A business climate of rapid technological innovation, shifting geopolitical forces and changing risks have introduced a new conversation about the corporate treasurer: how can this position react to these trends and become a strategic part of the enterprise? Progress Ahead.

Treasury 46

Treasury Foreign Exchange Cash Management Risk Management 46

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

SEPTEMBER 6, 2017

In its biennial exploration of the evolving role of corporate treasurers, Deloitte is keeping tabs on how treasurers are embracing technology and gearing up to handle more responsibilities than ever before. Technology Tripping Up Treasury. dollar, yen, euro and others that “were fairly stable and predictable.”.

Treasury 43

Treasury Risk Management Cash Management Currencies 43

PYMNTS

MARCH 14, 2019

” Corporate cash managers may not be able to control many of those challenges, like ongoing geopolitical instability resulting in trade tensions and financial market volatility, or the rising threat of cyberattacks. And that’s all about using technology-based services to re-engineer treasury activities.”

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

Future CFO

MAY 26, 2022

The problem is that most subsidiary businesses have enough independence to decide on what tools and technologies they can use to support their business. According to EY , organisations are fighting through a thicket of clashing policies, processes and technologies when handling intercompany transactions.

Mergers and Acquisitions (M&A) 98

Mergers and Acquisitions (M&A) Accounting Foreign Exchange Compliance 98

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Faster Payments.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

CFO Simplified

OCTOBER 10, 2023

As technology improves, your bank may have added services that they didn’t have just a few months ago. Think in terms of Treasury Management. How the bank can handle and manage the money that moves through your accounts. You might need to operate in foreign currency. Not every bank will be ideal for you.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

Future CFO

AUGUST 24, 2020

Most of the CFOs I speak to have reported multiple immediate challenges and priorities on the technology front. CFOs expect technology solutions to build a coherent strategy to deliver on these priorities while ensuring the technology tools they select during these times, are relevant and applicable in the future as well.

SAP 40

SAP Treasury CFO Credit Risk 40

PYMNTS

MARCH 2, 2016

Blockchain proponents say the disruptive technology is worth the onboarding process. Last week, Ripple published a report outlining some of its boldest claims about the potential of distributed ledger technology, including that it could save banks money. Banks can hold their local currency and keep just one account.

Currencies 46

Currencies Treasury Foreign Exchange Compliance 46

Strategic Treasurer

JANUARY 3, 2022

Host Craig Jeffery kicks off the 2022 Outlook series with a conversation with Jon Paquette, Senior Financial Solutions Expert at TIS (Treasury Intelligence Solutions), on the outlook of payments. They discuss technology developments that will likely have the biggest impact on treasury in 2022. Speaker: Jon Paquette, TIS.

Treasury 52

Treasury Cash Flow Forecasting Forecasting Banking 52

PYMNTS

OCTOBER 19, 2016

Low and negative interest rates have especially motivated these money managers to renew their investment strategies, the report noted. Their investment strategies are also impacted by the issue of currency risks and inflation, both cited by about a fifth of survey respondents as a top macroeconomic concern.

Treasury 70

Treasury Prioritization Economics Leadership 70

PYMNTS

MARCH 5, 2018

Technology is moving to enhance payments security, but there is now a smaller window of time for fraud and other risks to be identified before a transaction settles. It makes liquidity and cash management much easier,” he explained. In the U.S., Wieser said, faster payments can actually help the risk mitigation effort. “It

B2B 42

B2B Cash Management Treasury Risk Management 42

Future CFO

DECEMBER 11, 2023

Technology’s role Admittedly, the advent of new technology, particularly generative artificial intelligence and OpenAI, has been spread out not only in the banking sector but across all industries. This view is shared by Austria, saying technology vendors are seen as partners instead of competitors or even threats.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

MAY 10, 2016

“We stand on the brink of a technological revolution that will fundamentally alter the way we live, work and relate to one another,” wrote World Economic Forum Founder and Executive Chairman Klaus Schwab in an article published last January. Commentary from CFOs surveyed highlights the need for more specialized, custom financing.

Manufacturing 40

Manufacturing Analyzing Data Finance CFO 40

PYMNTS

FEBRUARY 29, 2016

In this week’s Data Digest, we take a trip around the world to uncover the evolving habits of business payments and cash management. Hitting the milestone, Citi’s Treasury and Trade Solutions said, means businesses’ banking needs are evolving. The tablet version of the corporate banking tool was launched soon thereafter.

Banking 40

Banking Valuation Treasury Cash Management 40

Future CFO

SEPTEMBER 23, 2019

RippleNet is a major one—the global payment network run by US-based Ripple using blockchain and cryptocurrency technologies. Indeed, RippleNet enables users to send money cross-border in seconds even earlier.

Foreign Exchange 40

Foreign Exchange Currencies Banking Technology 40

PYMNTS

MARCH 10, 2016

The digital global transaction banking platform, which provides financial institutions with technology to streamline their services, considers small and medium-sized businesses as the undervalued, yet critical, aspect of the U.K. This customer segment also expressed a lack of liquidity management services from their banks, too.

Banking 41

Banking Concentration Treasury Cash Management 41