Building a Watertight Case for Treasury Technology Investment
The shelves of the treasury technology supermarket have never been better stocked, with vendors offering everything from a TMS for the entire function through to tailored tools to support specific, and sometimes niche, processes. To take advantage of what is on offer, treasurers need to secure enough investment budget – and to do that, all […]
The New CFO Mandate
How finance leaders can reconcile and fulfill their growing portfolios of responsibilities. This article was originally published by McKinsey & Company, please click here to view the article on their site A recent McKinsey survey shows that the CFO’s role is rapidly evolving—expanding in scope, requiring new capabilities, and demanding greater collaboration with C-suite peers. In […]
The Three-Step Plan for a Successful M&A Deal
A cross-functional team is crucial to the positive outcome of an M&A deal and, once the ink has dried, treasury teams will have the opportunity to upgrade their infrastructure and embark on fresh best practice initiatives. The value of global mergers and acquisitions (M&A) reached about $4tr as of August 2021, which is more than […]
How Cash Segmentation Can Enhance Short-Term Investment Prospects for Treasurers
Yield has been an issue for the short-term cash investments of treasurers, as poor rates and tightening regulation have dramatically lowered the performance ceiling of traditional investment instruments. A recent TMI and Northern Trust Asset Management webinar illustrated how a cash segmentation strategy of splitting cash into different strategic buckets can bring about higher returns […]
Five Trends in Finance and Cash Management Technology for 2021
The past few months have transformed the way finance teams work. The disruption caused by the coronavirus pandemic has forced businesses to adopt technological solutions at an accelerated rate, while many operate from their homes, tackling a list of new and ongoing issues remotely. This new way of working has changed the way organisations collaborate […]
Recipe for Success: Building a New World-class Treasury during Lockdown
When Patrick Kunz, Interim Treasury & Finance Consultant, started at Takeaway.com, the treasury function did not exist. Building one from scratch is the dream scenario for many treasurers. But when – on only the third day of this endeavour – the world went into lockdown as a result of the Covid-19 pandemic, that dream could […]
Innovation for Long Term Resilience
Johnny Grimes, Deutsche Bank, joins TMI’s Eleanor Hill in the TreasuryCast studio to cover the ways in which treasury functions have hastily adapted to counteract the disruption caused by the ongoing pandemic. Our guest considers how an accelerated pace of innovation, and the resulting solutions, has played a monumental role in pushing digital connectivity to […]
Journeys to Treasury: What’s New for 2021?
In this special edition of TreasuryCast, Jan Dirk van Beusekom, BNP Paribas, and François Masquelier, SimplyTREASURY, join Eleanor Hill to contemplate findings from the first chapter of the 2020 – 2021 Journeys to Treasury report, entitled ‘Looking back, thinking ahead’. Our guests reflect on the main treasury trends that have gathered pace over the last […]
The Case for Continuous Financial Planning after Covid-19
Financial planning has always been vital to businesses in order to make sound, long-term decisions. Companies use forecasting to make critical investments, plan for covenant compliance, and even decide on future mergers and acquisitions (M&A) strategies. In the past few months, planning has changed – and it has changed dramatically. The way we perceive business […]
Technology is Key to the Treasury of Tomorrow
In recent years, the role of the corporate treasury has been steadily evolving and transforming. Over the past decade, since the global financial crisis of 2008, the pace of this evolution has increased dramatically, and in the past few years, the strategic importance of the treasury function has been significantly raised as financial institutions have […]
How to Make a Treasury Committee Work
The treasury committee is often the cornerstone of any business. This is because it is often argued that disciplines within finance have many stakeholders and affect a variety of other functions. Therefore it is critical to bring the key stakeholders together so they can work in a collaborative way; a treasury committee achieves just that. […]
A Currency Roundtable to Weather FX Headwinds
Recently, Jon Vincent, Tennant Company’s Senior Treasury Analyst, spoke at an industry conference describing how Tennant, a multinational corporation with manufacturing operations in the US, Brazil, The Netherlands, Italy and China, reduced its foreign exchange (FX) exposures by $25m. According to Vincent, a key part of their success was Tennant’s decision to create an internal […]
Zalando: From Startup to Grown-Up
Could you tell us a little more about the company and, in particular, your treasury function? Zalando is Europe’s leading online fashion platform for women, men and children with presence in 15 European markets. We provide our customers with a convenient one-stop shopping experience, offering an extensive selection of fashion items including shoes, apparel, and […]