A decline in the return on capital employed of globally listed companies over the last decade has been noted in recent EY and PWC reports. This is despite businesses taking an increased focus on balance sheets since the financial crisis in 2008.
Global trends, technology and the role of the treasurer in 2025 were hotly debated by treasurers at this year’s Treasury Leaders Summit in London. A focus on technology and automation was universal, others argued over the impact of macroeconomic and global trends on treasury.
The benefits of an in-house bank are increasingly evident, but some treasury departments still hesitate to take the plunge. This article offers a step-by-step guide.
As the squeeze on banks intensifies, virtual accounts are a win-win by offering efficiencies and meeting the needs of their corporate clients.
Inefficiencies in payment processing and cash management can make the difference between a company’s success and failure. As corporates seek new ways to effectively address complex global payment ... read more
Why corporates should consider the multi-currency virtual account (MCVA) - a bank-offered cash product which allows them to maintain foreign currency balances and affect cross-boarder transactions where a physical account doesn’t exist in the local currencies.
With the end of 2017 fast approaching, many finance professionals might be counting down the days with some degree of dread. Year End is just around the corner and with it comes the many long hours accountants will spend going over balance sheets and profit and loss accounts, investigating account irregularities and chasing sign offs.
Market change is being thrust upon transaction banks at a pace so rapid that many struggle to adapt. Competition has spiked. Profitability has tanked. Compliance with regulation is suffocating investment. The era of open banking is here, threatening traditional business models. Many institutions find themselves struggling to meet the imperative to innovate, reinvent and survive.
December 19th, 2017 | 11 am – 12 pm PT / 2 pm – 3 pm ET In this webinar, Chad Wekelo of Actualize ... read more