Latest Cash Management Articles
Treasury centralisation is experiencing continued strong growth, with London emerging as the preferred location for multinationals to base their regional or global treasury centres. At a November 17 briefing in the UK Capital, treasury and trade solutions executives from Citi outlined key global and Europe, Middle East and Africa (EMEA) region treasury trends.
The optimisation of your foreign exchange (FX) hedges poses several challenging decisions, but when your exposures are denominated in a commodity currency - such as the Australian dollar, Canadian dollar, New Zealand dollar, Norwegian krone, South African rand, Russian ruble, Brazilian real or Chilean peso - there are additional factors to consider.
Optimising working capital by putting a squeeze on smaller suppliers was deployed by many large corporates before the global financial crisis hit. However, more recently companies and their treasury departments have come to recognise the pitfalls of such an approach and instead are seeking means to fund the smaller operators that they depend on.
Accounts payable (AP) practices focused on the manual processing of paper invoices creates a reactive department with roles defined by data entry, fixing invoice errors, and answering vendor phone calls about payment status. By creating new ways to collaborate with suppliers, business networks are helping to reshape the AP function.