The EU and US’ shift in accounting standards may bring balance sheet losses and increase credit risk, according to James Elder, director of risk services at Standard & Poor’s (S&P) Global.
The problems associated with spreadsheets are well documented. From the risk of errors to the lack of security controls, there are many reasons why treasurers should avoid using spreadsheets as their primary management tools.
One of the greatest control challenges in the financial service industry today stems from a lack of a proper operational accounting records.
GTNews speaks to Catherine Porter, CBRE's EMEA treasury director, about how some of the top industry trends are influencing the nature of managing and forecasting cash flow.
The US dollar and debt yields falling on the North Korea missile test, treasury being a top target for cyber criminals and why treasurers aren't into real-time payments all hit the latest headlines in the world of treasury this week. Don't miss our ten top news stories from around the world.
While corporates have more choice when it comes to choosing financial services, the core relationship between banks and businesses hasn't changed, argues Michael Cummins, head of treasury solutions at Citizens Bank.
Time and experience have shown that consolidated post-trade functions enable more informed and concentrated overviews of positions, settlements and liquidity across the globe – thus saving reporting costs, as well as allowing decisions to be made more quickly and effectively.
Matching incoming payments with invoices has long been a frustration for companies with many valuable hours being spent trying to determine who’s paying for what. However, artificial intelligence (AI) and machine learning solutions are starting to emerge that claim they can combat these treasury headaches.