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Cash managementand treasury management might sound similar, but they serve very different purposes.Many organizations keep a close watch on daily cash flow, but still face financial instability. Knowing the difference between cashmanagement and treasury management can close that gap.But which one supports day-to-day operations?
Cashmanagement isn’t just about keeping tabs on your cash flow. Effective cashmanagement is a cornerstone of financial health for businesses of all sizes. Without streamlined processes, businesses can suffer from cash shortages or inefficient capital allocation, both of which threaten sustainability and growth.
Without proper cashmanagement, businesses risk financial stress and missed opportunities.Cash management controls, monitors, and optimizes cash flow, ensuring enough to cover expenses while using extra funds wisely. Poor forecasting and untracked expenses lead to cash shortages.
Joseph Giarraputo, the Founder and Editorial Director of Global Finance, talks to Isaac Kamuta, Group Head: Payments, CashManagement & Client Access at Ecobank, about its suite of payment solutions to help customers optimise cash flow, improve efficiencies, and maintain their competitive edge.
Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence
To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cashmanagement strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity. Register today!
Joseph Giarraputo, Founder and Editorial Director of Global Finance, talks to Melvyn Low, Group Managing Director and Head of Global Transaction Banking at OCBC, about the importance of democratizing digital solutions for cashmanagement and the innovative tools the Singapore-based bank has developed to support its customers 24/7 banking needs.
Joseph Giarraputo, the Founder and Editorial Director of Global Finance, talks to Isaac Kamuta, Group Head: Payments, CashManagement & Client Access at Ecobank, about its suite of payment solutions to help customers optimise cash flow, improve efficiencies, and maintain their competitive edge.
Embedded finance features include global payments, virtual accounts (VAs), and account management. Nordea , which wins two awards this year, as both Best Fraud Detection Solution and Best Bank for Treasury FX Services, has developed a new secure CashManagement self-service request.
Staying ahead of the cashmanagement game is vital for treasurers facing multiple challenges, such as economic and political uncertainties, and our award winners are best positioned to do just that. Payment solutions then enable clients to manage payouts globally, including navigation of cross-border complexities.
Acabes empowered Omnify, Arab Bank’s embedded finance and open-banking platform, toward its official launch, leading to Omnify signing and/or going live with third-party providers. Adherence to Sharia principles fosters trust and expands the service’s reach within the Islamic finance sector.
Global Finance: Can you discuss your leading role in providing cashmanagement services for public entities? Claudia Kabbe: What sets Belfius apart in the Belgian market are our dedicated relationship managers who provide specialized solutions, such as cash advances.
In 2025, the integration of AI into the finance function in Asia has the potential to reshape operational frameworks and decision-making processes. Current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change.
In a statement, Crowe Principal Jay Sutton said the company aims to combine “technology with practical expertise” to address hospitals’ financial and cashmanagement issues. The financial services sector is promoting innovation in the area of healthcare financial management.
Most Innovative Financial Technology Company in North America | BATTERY FINANCE In November 2024, Battery Finance executed a pioneering financial transaction by establishing a bitcoin reserve with shared appreciation benefits for both borrower and lender.
Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cashmanagement. This means accountants can spend up to 50 percent more time managing SMBs’ books, resulting in higher costs for the small business customer, Intuit Australia noted. Reports Wednesday (Sept.
Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. Less common, however, is an SME financing solution that integrates into a commercial card offering.
Diverse Financing Options. “However, as the large majority of SMEs still finance themselves with cash flow from operations, there is a significant opportunity for businesses to optimize working capital through better relationships with customers and better use of accounts receivables.” ” Plans For Growth.
Digital commerce is a capital-intensive business model, he said, and keeping pace with buyer demand puts a strain on finances. What's more, third-party platforms force sellers to wait to access their revenues, making cashmanagement an even more arduous process. Small Business, Big Challenges.
Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cashmanagement offering into Australia. Newegg Chooses Behalf For Flexible Business Financing. Deutsche Bank Debuts CashManagement In Australia. 11) press release.
Global Finance : Open banking is on the rise. Manish Kohli: HSBC is a major player in the open-banking and open-finance ecosystem. We are reengineering our processes by integrating advanced digital solutions, from automated cashmanagement to robust API connectivity.
These include IKAR, a Gen AI chatbot for cashmanagement product-documentation inquiries; and the Digitrade Tool, which uses advanced data analytics, including algorithms and pattern recognition, to personalize the document-checking process. The post The Innovators 2025: Western Europe appeared first on Global Finance Magazine.
The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. All About Cash Flow. That need has only grown amid market uncertainty, leaving opportunity for FinTech solutions to support seamless payments and cashmanagement tools for SMBs.
In one FutureCFO workshop of finance leaders, despite two-thirds using some of the most advanced ERP tools in the market, nearly all concede the use of spreadsheets as part of work. Forty-three years on, spreadsheets are still a staple of finance functions for companies big and small. Albert Leong. Lee Chee Leong.
Payments innovation creates both opportunities and challenges for US treasurers; and understanding how to optimize liquidity and bring about greater operational efficiency with the ever-evolving transformations in real-time payments, open banking, and embedded finance lies at the heart of treasury’s future.
“Businesses navigate an increasingly complex environment and confront a shift in trade patterns and supply chains across Asia,” says Lim Soon Chong, group head of Global Transaction Services at DBS, Global Finance ’s winner both as Best Bank for Transaction Banking and for Best Corporate Cross-Border Payments Solution.
“In the fast-paced business environment of today, corporate banking clients need payment solutions that are fast, efficient, reliable and secure,” says Kent Marais, head of Payments and CashManagement, Transaction Banking. Bank ABC takes the award as Best Bank for Long-Term Liquidity Management.
Companies operating in Central and Eastern Europe (CEE) continue to face unique challenges when it comes to cashmanagement, due to a mix of economic development and regional variations. To simplify trade finance guarantee issuance, meanwhile, e-signatures were implemented across Romania, the Czech Republic, and Slovakia.
It specifies activities with positive environmental and/or social impacts (such as renewable energy projects, clean transportation, or sustainable wastewater management) covered by trade finance instruments or short-term financing. Sustainable finance is another key area in which banks are showing the way across Europe.
Organisation leaders need to keep an eye out for cashmanagement and treasury management for the optimisation of their financial resources and effective management of financial risks. They are supported by other treasury centres in Jakarta, Guangzhou, Beijing, and Sao Paulo where RGE’s CashManagers are located.
Although nearshoring has been a boon for Mexico, and the outlook is generally positive, risks in foreign exchange and commodity markets persist and require companies to partner with banks having regional expertise and cashmanagement solutions tailored to the Latin American market.
Innovations In Finance Globally From Central and Eastern Europe Your Everyday Financial Companion Akbank Mobil: For You| AKBANK In January, Turkey’s Akbank launched a revamped version of its mobile banking app with a new multi-dimensional ecosystem that integrates lifestyle elements, personalized insights, and partner-based capabilities.
The post ION Treasury named Best New Treasury Technology at Global Finance Treasury and CashManagement Awards 2023 appeared first on ION. LONDON – 29 March 2023: ION Treasury, a global provider of treasury and.
Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cashmanagement, they’re likely never turning back. Interconnected Finances. But as this shift occurs, organizations must keep in mind the broader impact on cashmanagement.
FAB wins two awards this year, as Best Bank for Transaction Banking and Best Bank for Long-Term Liquidity Management. The bank invested heavily in innovative cashmanagement and liquidity solutions to enhance the experience and treasury capabilities of the region’s corporations.
Cashmanagement for a nonprofit organization is possibly the most important consideration for success. In this article, we will build upon that knowledge and delve more specifically into the topic of cashmanagement. What is cashmanagement?
As returns from cashmanagement offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. However, HSBC data published by GTR indicates a rise in the count of supply chain finance (SCF) transactions in June in Asia, especially throughout Vietnam, Thailand and Indonesia.
Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The new marketplace will be available through the Fides Multibanking Suite web portal, the release stated.
As we continue to operate, the expectation is to survive … to thrive while expanding for the long-term success,” said Joweehlyn Liao, VP, Finance and Non-Trade Procurement Director, Watsons Philippines. Finance success is a team effort. For this reason, she puts team building on top of her daily routine as a head of finance. “I
By Tony Fremarek | A Fractional CFO, LLC A CFO is responsible for managing the financial operations of a business, this includes accounting, financial reporting, cashmanagement, budgeting, maintaining controls, capital structure issues, and financing.
As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet.
This session highlights practical use cases and actionable insights to help treasury teams navigate the future of programmable, capital-light cashmanagement. Learn practical use cases and actionable insights to help treasury teams navigate the future of programmable, capital-light cashmanagement.
However, there was variation in individual IFIs performances; and many winners of Global Finances Best Islamic Financial Institutions 2025 achieved growth and profitability beyond their peers. Kuwait Finance House (KFH) won as the World’s Best Islamic Financial Institution for 2025.
Axle , which works in cash flow for the freight and logistics industry, has raised $27.7 million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cashmanagement, according to a press release.
Global Finance (GF): What are CIBs growth plans for 2025 and beyond across Africa? We also strive to integrate ESG and sustainable finance solutions into our operations to cater to the environment and society. How will you achieve these? GF: Which markets and sectors are the priority for growth?
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