The Best and the Brightest of 2021 2021 was arguably one of the most innovative years on record in the world of corporate treasury, based on the standard of entries to the TMI Corporate Recognition Awards. Here, we present a brief overview of the winning projects – which cannot possibly do justice to the magnitude...

Showcasing the 2021 Award Winners The nominations for TMI’s 2021 Awards for Innovation and Excellence were not only more numerous than ever, but also pushed the boundaries of corporate treasury development further than ever before. All of the bank, technology vendor and fintech winners have created solutions that respond to real needs – present and...

FIS scoops Best Cash & Treasury Management Solution and supports a duo of corporate wins The TMI 2021 Awards season emphasises the role vendors can play in the success of their corporate clients. FIS not only takes the Technology & Innovation Award for Best Cash & Treasury Management Solution itself, but two of its clients...

As the economy grapples with higher prices for almost everything, one can look at this year’s super cycle across all commodities as a significant factor to sticker shock in the food aisles. According to the US Labor Department, in October consumer prices in North America rose by the most in 30 years. But where the...

The payments space has been put to the test over the past 18 months or so as businesses continue to face up to the challenges of the pandemic and intense commercial pressures. As new channels of operation and innovative technologies come on stream, Luc Belpaire, Product Management and Business Development, Trax, Enterprise Treasury and Payments,...

TMI Corporate Recognition Award Winners 2020 In one of the toughest years for treasury in the past decade, treasury teams stepped up their innovation projects and rolled out digital best practices at speed. Here, we celebrate their successes. What a year 2020 was. As much as the financial crisis of 2007/8 had provided some insight...

FIS Helping Clients Build Optimal Treasury Environments in Good Times and Bad TECHNOLOGY & INNOVATION AWARDS Cash & Treasury Management Solution As outright winner in the Best Cash & Treasury Management Solution category two years in a row, FIS is at the top of its game. But the vendor had more to offer TMI’s judges,...

In many ways, Covid-19 has been the ultimate test for treasury teams and their technology. With the spotlight firmly on treasury management systems (TMSs), treasurers are asking whether they have the best tech for the job – in a remote-working environment where instant access to ‘decision-ready’ data is critical. Is there a better TMS out...

Digital disruption was one of the key drivers of treasury innovation in 2019.  As this year’s Award winners demonstrate, banks, technology vendors and fintechs have leveraged digital innovation to move the corporate treasury profession forward – delivering excellence by helping treasurers to become more efficient, operate in real-time, and contribute to the wider business in...

By Eleanor Hill, Editor There is a big difference between simply using technology and leveraging it to the fullest extent. FIS, a global leader in financial services technology, with a focus on treasury and risk management, payments and credit and collections, has been helping clients to maximise the value they achieve from technology, and taking...

By Eleanor Hill, Editor Year-on-year, the standard of entries to TMI’s Corporate Recognition Awards increases, taking the corporate treasury profession to new heights. The following overview of projects undertaken by corporates over the last 12 months provides a mere flavour of the innovation happening in the industry and we congratulate all our winners wholeheartedly! Best...

More than two-thirds of credit and collections professionals report that overdue Accounts Receivable (A/R) averages are greater than 10% of their portfolio, according to the FIS 2019 Credit and Collections Market Report: Modernising Credit-to-Cash with Artificial Intelligence that surveyed more than 100 credit and collections professionals. Of the respondents 78% report that over the past...

For the sixth year running, FIS has surveyed corporate treasury and finance professionals globally – and once again, many departments are battling the same challenges as they faced in 2014. So, what will finally prompt them to modernise their operations for the future? Of the corporations surveyed, 84% have already centralised their payments. However, most...

The Challenges and Opportunities in Modernising Treasury Operations Treasurers are struggling to modernise treasury operations at a time when the consequences of technological weaknesses have never been greater. The expanding role of the treasury function, accelerated pace of innovation, and greater complexity of market and cyber risks have placed more pressure on treasurers than ever...

In an era of digitisation, payments acceleration, and new techniques to exchange and integrate transactions and data, treasurers and finance managers have unprecedented opportunities to modernise corporate payments and bank connectivity. Furthermore, as FIS’ 2018 market report reveals, treasurers are enthusiastic about leveraging these opportunities. Some are creating an entirely new technology infrastructure while others...

 Bombardier Transportation Group has a proactive strategy of investing in leading mobility solutions, capturing global growth opportunities and flawless execution. Vital to achieving this strategy is attracting and retaining key talent globally, demonstrating strong financial discipline, pursuing an active risk management strategy and committing to corporate social responsibility. As the group’s treasury team, we play...

Corporate treasurers are the nerve centre of a corporation but their roles are quite complex. They manage everything from the corporate cash position to regulatory compliance to risk management to payments. They are also dealing with volatile market events, changes to business models and supply chains, and a new world fraught with payment fraud and...

Over the past 12 months, we have witnessed a dramatic increase in technology-based opportunities to improve credit and collection programmes. Access to new technology has traditionally only been available to large corporations with large revenue streams and complex structures that required a solution to consolidate all of their disparate systems into one interface. New delivery models including...

Every year in the TMI Awards has marked a step change in the number and quality of award nominations, and 2017 was no exception, with some well-known banks and technology vendors, but some less familiar names too. This year Citi and HSBC won a clutch of awards in the bank categories. Citi was recognised for...

The end of 2017 marks a bittersweet time for me. These are my final Awards as Editor of TMI, but looking back over the past 12 years since I started with TMI, the Corporate Recognition awards have grown from a handful of awards in 2006 as a supplement to the bank and technology awards, to...

Chaired by Helen Sanders, Editor During this roundtable discussion published in association with FIS, two corporate treasurers, Masha Weijers, group treasurer of Futuris, supplier to the automotive industry headquartered in Australia, and Carolyn Maloney, group treasurer of US industrial cutting systems firm Hypertherm, discuss the benefits and experience of cloud-based SaaS (software as a service)...