Sharpening the Competitive Edge
The Future of Treasury Technology Technology has played a key role in shaping corporate treasury over the past few decades, but the best is yet to come. Bank of America’s Dhiraj Bajaj, Head of Financial Institutions and Non-Bank Financial Institutions Sales, Asia Pacific, Global Transaction Services, and Chandana Thanthrige, Head of Financial Institutions and Transactional […]
Giving Cash Processing a Real-time Boost
Jabil’s global AP structure streamlined with Serrala FS2. Serrala Alevate CashApp is delivering next-level AR processing For US-based high-tech manufacturer Jabil, AP was spread globally across three shared services centres. With manual processing and no standardisation, it was time for cash processing to get a technology boost. Serrala delivered in a project that TMI is […]
The Treasury Forecast is Bright and Breezy
Bank of America’s intelligent innovations give treasurers a clear view ahead Any initiative that makes a treasurer’s working day easier is welcomed by the community. So, it comes as no surprise to see Bank of America scoop two of TMI’s coveted Technology & Innovation Awards in 2021 for its mobile app and forecasting developments, while […]
Taxing Times Ahead: Analysing the OECD’s Two-Pillar Solution
A new Two-Pillar Solution from the OECD aims to address the tax challenges arising from the digitalisation of the economy. Aaron Lee and Joseph Lee from DBS Bank recently joined TMI’s Eleanor Hill in the TreasuryCast virtual studio to discuss these reforms and outline actions treasurers should be taking ahead of the 2023 implementation date. […]
Bel Group: A Treasury Transformation in Progress
Bel Group’s selection of Kyriba’s platform for global treasury, payments and risk management is all about bringing disparate processes and business units into line. Benoît Rousseau, Group Treasury and Insurance Director, Bel, talks to TMI about his choice and what he now expects. The Bel Group is a world leader in branded cheese and a […]
Flying Start: Taming SITA’s Vast and Complex Payments Set-up
As a specialist in air transport communications and information technology, SITA is present in just about every country on the planet. With on-the-ground support for its airline and airport clients an essential part of its service, SITA’s payments infrastructure is necessarily extensive. Determined to bring order to the proceedings, the firm called upon Unifiedpost, and […]
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 […]
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 […]
Supply Chains of the Future: Recovery-Proof Solutions
The Covid-19 pandemic has highlighted the fragility of supply chains across the globe. TMI speaks to five industry experts to understand how treasurers can help shore up supply chains right now – with quick-to-implement solutions, ranging from dynamic discounting to e-invoicing. We also look at the future of supply chains, given a potential resurgence of […]
Planning for Treasury Tomorrow
In such a rapidly evolving business environment, treasurers must ensure that they are not only meeting the needs of their organisations today but also preparing for the future. This involves questioning the status quo and upgrading everything from systems to treasury talent. Although many treasurers’ minds will currently be occupied by the fallout from the […]
Leveraging Technology to Climb Treasury Mountains
Gaining global insight into and control over treasury operations is a pipe dream for many treasurers. But two of Kyriba’s clients – Royal FrieslandCampina and Ingersoll Rand – have leveraged the vendor’s cloud offering to transform their workflows to overcome visibility hurdles, eradicate inefficiencies and become even better strategic partners to the business. Each won […]
Making Treasury Extraordinary: ZEE’s Superstar Transformation
To support annual growth of more than 20%, Zee Entertainment Enterprises (ZEE) needed a treasury function that was automated, efficient, and future-proofed. Here, Rohit Kumar Gupta, CFO, ZEE and Rupa Balsekar, Managing Director & Head Transaction Banking, BNP Paribas India, explain how a bespoke end-to-end cash management solution provided by the bank has transformed ZEE’s […]
Turbocharging Treasury: Aspen’s Accelerated Efficiency Journey
Building a European treasury hub from scratch is no mean feat – especially when you are aiming to take efficiency gains to a whole new level. Here, Christian Fraisl, Head of Accounting, VAT & Treasury and Regional Compliance & Ethics Officer, Aspen Healthcare, and Bhairav Mehta, Head of Cash Management, BNP Paribas, South Africa, explain […]
Improving KONE’s Banking Flow for Growth and Transformation
As a world class elevator and escalator manufacturer KONE Corporation is committed to improving the flow of urban life. In treasury too, the focus is on improving flow, but rather of information and transactions. With operations in more than 60 countries globally, implementing SWIFT has been a crucial way for KONE to harmonise bank communications, […]
Credit and Collections – Staying Ahead of the Curve
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 […]
Africa Corporate Treasury – Who is Your Catalyst for Innovation?
As treasury capabilities continue to mature in 2018, regularly re-evaluating corporate strategies and counterparties will be imperative. Only by capitalising on increasingly sophisticated developments such as instant payment systems, data analytic tools and by working with the right partners to support growth, can the new era of corporate treasury in Africa truly take shape. Geoffrey […]
2017 Corporate Recognition Awards: Harnessing Innovation to Enhance Treasury Performance
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 […]