United We Stand
Strengthening the Liquidity Ecosystem Robust and well-supported liquidity ecosystems keep the commercial world turning, whatever else is going on in society at large. But it’s the symbiotic relationship between bank and corporate that keeps those systems strong. Edwin Hartog, Head of GTB, Societe Generale, Netherlands, and Joost Bergen, Founder of liquidity management advisory and training […]
Automation is Essential to Manage the New Emphasis on Liquidity
Bottomline’s recent 2023 Business Payments Barometer shows a rising trend towards automation. But what does this mean for cash flow management? And how can treasurers make the most of this trend? To say that finance leaders – treasurers and CFOs – at banks and corporates have their hands full these days is an understatement. Regulations, […]
No More Surprises for Enterpryze’s Global Cash Team
In an expanding business, cash visibility across multiple companies and countries was a real challenge for Kieron Kavanagh, CFO, Milner Browne and Enterpryze. He talks TMI through his journey with vendor Agicap to “expose the daily workings of the business”. Milner Browne is a long-established SAP Gold partner operating out of Dublin and the UK. […]
Forecast for 2023: Cash Visibility Rules
As storm clouds gather and economic predictions worsen, treasury professionals should take precautions. Key here will be understanding their forecasting pain points and priorities, to ensure their businesses can survive – and even thrive, despite the tough operating conditions. According to a recent BlackLine survey Eye of The Storm: F&A’s Role in Responding to Instability […]
Low-Code: Automating Treasury in 2023
Low-code technology enables non-IT professionals to develop the automation software they want, when they want it. Following on from TMI’s 2022 look at low-code no-code platforms, we consider the drivers and opportunities in 2023 for low-code. Low-code is an application development tool that uses visual, rather than textual, coding. Its simple drag-and-drop interface enables users […]
Revamping the Confirmations Matching Process at Baker Hughes
Despite having already automated much of its confirmations process, there were still many inefficiencies and unnecessary costs. To eliminate these issues, Baker Hughes introduced Enterprise Workflow into its TMS – FIS Quantum – and leveraged the in-built confirmations matching capability. This case study outlines the implementation journey undertaken by the treasury team, and details the […]
Getting Flexible: Treasury’s Response to Deglobalisation
The recent publication of the Deutsche Bank-sponsored Economist Intelligence Unit survey, ‘Manoeuvring uncertainty: Treasury priorities in a volatile, post-pandemic market’, revealed rising macroeconomic concerns within the treasury community. TMI and Christof Hofmann, Global Head of Corporate Cash Management, Deutsche Bank, explore the impact. With rising protectionism and calls for deglobalisation among the political classes, it’s […]
The Key to Smarter Liquidity Management: Breaking Down Silos
Treasurers must lead the charge to bring down organisational silos that stifle optimised liquidity management. To do this successfully, they have to recruit critical stakeholders from other departments to the cause through a mixture of education, communication, and technology. A treasury team’s understanding of the timing of a company’s cash flows is vital for both […]
All Change: Dealing with Consolidation in the TMS Market
You might have already heard that TMS provider Kyriba may be up for sale. Payment provider TIS has also recently announced the acquisition of Cashforce. Indeed, it’s no secret that industry consolidation is a growing trend within the fintech world. In the past few years, TreasuryXpress was acquired by Bottomline Technologies. ION purchased Reval. BELLIN […]