Continental Shift: Digitalising Sub-Saharan Africa
Sub-Saharan Africa is a vibrant, forward-looking continent where innovation and early digital adoption is practically the norm. There are opportunities to progress at a pace that could outstrip other regions. Esther Chibesa, TTS Head for Sub-Saharan Africa, Citi, and Sheetal Shah, TTS Sales Head for Sub-Saharan Africa, Citi, explain how this region is adapting and […]
New Culture, New Tools – How to Improve Mental Health in Finance Departments
Finance teams are often looked upon with a certain amount of envy by colleagues in other departments. With transferable skills, good salary prospects and roles every business needs, members of the finance team are often viewed as clever bean counters with predictable, safe jobs. Not very accurate. Within enterprise-level organisations, colleagues often fail to understand […]
Supporting Trade Through a Crisis: Digitalisation Meets ESG
Although the disruption of trade by the Covid-19 pandemic has been profound, affecting both supply and demand, the operational flow of cross-border goods has in fact proved remarkably resilient. One of the main reasons for this is digitalisation. The digital supply chain has developed over the last few years to a point where it has […]
Moving the Discussion on from Gender to Diversity in Finance
This year’s International Women’s Day on 8th March once again shone the spotlight on the position of women in business – much to the dismay of not only many women but also men. After all, you’d have hoped that by 2020 things would have been on more of an even footing as to make such […]
Maintaining Career Momentum and Wellbeing During Uncertainty
The world around us has been turned upside down. The things that seemed important and critical have evaporated or been re-prioritised. The skills and experience needed to thrive in treasury, and in life, are being tested and questioned. Coronavirus, the pandemic that is leading to such uncertainty, has thrown us all a curveball. Much has […]
How AP Automation Supports Green Operations and Resource Conservation While Fuelling Business Advantage
Accounts Payable (AP) automation is increasingly being used to establish an environmentally friendly paperless AP department. Large businesses are often processing up to millions of invoices annually, and given the high degree of manual, inefficient, high-cost processes, digitally transforming AP can improve efficiencies and cycle times, while also reducing reliance on paper. Sustainable business processes […]
Furloughs, Layoffs, and Planning for the Recovery: Leveraging your Human Capital
The exit from lockdown is on the horizon, with easing restrictions on public gatherings and some schools already opening in the UK. Yet, consumer demand may not return quite so quickly. While the timing of the Covid-19 recession seems relatively predictable, that ‘certainty’ brings forward the timeline for answering some uncomfortable questions: how long should […]
Taking Treasury Lean and Green in 2019
It’s that time of year when we all start thinking about being better versions of ourselves. Businesses, too, are contemplating ways to care more for their people, improve their processes, and look after the planet. As such, proactive treasurers – and their banks and vendors – are becoming more involved in Corporate Social Responsibility (CSR) […]
Gender Pay Gap Reporting: What Needs To Change?
The remit of modern finance teams is now expanding into the diversity and inclusion (D&I) space, with gender pay gap reporting. What can treasurers do to get on top of this rising trend? Having introduced gender pay legislation in 2017, the UK Government now requires companies with 250 or more employees to report on the […]
Central & Eastern Europe’s Digital Treasury Revolution
Treasury organisations and finance shared service centres in Central & Eastern Europe are changing – robots are taking over many of the manual tasks once performed by humans. At the same time, Big Data and predictive analytics are becoming more commonplace. But is treasury at risk of being sidelined in the rush to digitise corporate […]