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.
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.
Treasury optimisation is neither a quick or easy process, but one that is still worth undertaking. This article considers the most common pain points and the prize that lies at the end.
As the squeeze on banks intensifies, virtual accounts are a win-win by offering efficiencies and meeting the needs of their corporate clients.
A US survey finds that they recognise the benefits of the new payment technologies, but also have concerns over cost and compatibility.
Treasurers are increasingly looked to by the company for an increased involvement in strategic decision making. But without an increase in the treasury department's headcount and resources, how might this be achieved?
The gig economy, in which temporary positions are common and organisations contract with independent workers for short-term engagements, is an integral part of the modern business world. How are banks responding to the resulting needs of clients?
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
The breakneck pace of merger and acquisition deals witnessed in 2014 and 2015 might have slackened so far this year, but the lull is likely to prove only brief. This article focuses particularly on the outlook for the middle market.
Although SEPA is nearly two years old, the predicted decline in liquidity management tools has yet to happen. Nor are treasury departments fully focused on reducing and rationalising their bank accounts.