Latest Financial Supply Chain Articles
Could the rise of alternate payment providers (APPs) spell the end of correspondent banking? Unlikely, considering the benefits banks provide their corporate clients.
Liquidity management is one of the core roles of the treasury department. Maintaining the right level of liquidity to guard against risks is important - yet very few have a formal model for how they define their minimum liquidity 'buffer'.
Taking a page from the successful playbook of the private sector in the United States, the federal government has jumped on the cash management bandwagon and is encouraging large US companies to pay their smaller suppliers earlier. Dubbed SupplierPay, the initiative is a welcome new voice calling for improved access to cash for small and mid-sized enterprises (SMEs). By many accounts, SMEs are driving the majority of the country’s economic growth.
Companies need to work out new ways to convert assets into cash or they will lose out to online competitors. This article offers financial professionals some ways of achieving this goal.