It should come as little surprise that the role of treasurers has undergone radical transformation in the last few years. With the evolution of their role, treasurers need to be sure that their skill set has grown in tandem, says Philippe Gelis, CEO of Katox.
Installing a treasury management system (TMS) doesn't just free up time by cutting down the 4.5 months per year that the average treasury spends on paperwork. It also changes the way that treasurers look at their role within an organisation.
With the October deadline looming for non-EU transactions to become compliant with SEPA, treasuries the world over are scrambling to migrate. Take a look at our checklist of essentials to make sure you’re doing it right.
Last month, FACTA came into effect, forcing overseas banks that accept US payments to disclose account information to the IRS or face a 30% withholding tax. The OECD's newest guidelines help countries standardise these rules for non-US transactions.
Drone technology, driverless cars, home appliances that take orders whilst you’re at work… now game-changing, hands-free technology is finding its way into treasury too, says Des Twort, EMEA Treasury Specialist at Bank of America Merrill Lynch.
New research by SunGard and the Finance and Treasury Association in Australia has found that 48% of senior treasury professionals in Australia and New Zealand use cloud-based systems, whilst 78% expect the sector to see continued growth.
Financial institutions must find better ways to tailor their banking services to the needs of business customers, according to a new white paper by Fiserv.
Nearly half of corporate treasurers believe their role is becoming more and more strategy-orientated. So what can you do to speed up operations and help your department to adjust to evolving expectations?
Corporate treasurers have a right to be frustrated with disappointing features and sluggish improvements in the treasury technology industry, according to Proquest’s Ronald Fink.
It’s safe to say that any large-scale multinational will benefit in some way from putting a shared service strategy in place. Doing it right can mean serious cost savings, easy data sharing and streamlined transactions for your whole organisation. Doing it wrong can be an expensive mess.
