Adapting and Evolving towards Excellence is an Opportunity, not an Obligation
As corporates grapple with the challenges hurled at them by the pandemic and seek to protect themselves against future turbulence, José-Carlos Cuevas, Vice President, Spanish Finance Association (ASSET), and Board Member, European Association of Corporate Treasurers (EACT), discusses the steps treasurers can take towards making their operations more ‘lean, agile, and flexible’. The Covid-19 crisis […]
Maximising Treasury Centralisation with In-house Banking-as-a-Service
With the Covid-19 pandemic augmenting the focus on cash visibility, in-house banks are back in the spotlight. Thanks to cloud technology, support to establish in-house banking is more accessible than ever. This topic was recently the subject of a TMI webinar with Deutsche Bank, which included a case study from cloud-based software company Salesforce. While […]
Using POBO and COBO to Ease Reconciliation Pain Points
Every treasurer knows the frustration that arises from receiving a payment and not knowing to which customer or supplier it relates. Challenges in reconciliation can cause cash flow and supply chain delays and potentially damage business relationships when settled invoices are chased unnecessarily. As B2B payments are rarely sent by direct bank transfer from one […]
Asia’s Top Treasury Hotspots
Businesses seeking the best location for a treasury hub have to weigh up many factors ranging from tax incentives to political risk. Here, David Blair offers an insight into the pros and cons of five Asian financial centres. Asia has evolved rapidly this century, especially from a treasury perspective. From the internationalisation of Chinese yuan […]
The Reality of Virtual Liquidity Management
Never ones to accept the status quo, Vanessa Manning and Paul Cuddihy, Deutsche Bank, talk to Eleanor Hill, Editor, TMI, and explain how virtual accounts can fall short of expectations, and the need for virtual ledger management (VLM) to truly transform the way treasurers manage their liquidity. Box 1: Virtual accounts: a refresher The term […]
Payments Innovation: Debunking the Myths
In this Executive Interview, Bruno Mellado, Head of International Payments and Collections, BNP Paribas Cash Management, shares his views on some of the most exciting developments in the payments space today, whilst explaining how new technologies can work in harmony with existing infrastructures to drive innovation. The cross-border payments landscape has evolved significantly over the […]
Material Gains with Virtual Accounts
Fashion leader OTB, parent company of major brands such as Diesel, Maison Margiela, Marni, Paula Cademartori and Viktor & Rolf, is a pioneer not only in its core business, but also in cash management. In 2016, in co-operation with partner bank UniCredit, OTB implemented an innovative virtual account solution in order to gain efficiency in […]