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.
Small businesses are the backbone of the global economy, driving innovation that is upending entire industries and fuelling growth and jobs. But they’re facing some tough times.
A US study, based on the quick service restaurant chain Chick-fil-A, offers conflicting evidence on whether a TMS is the best option when upgrading from Excel-based forecasting.
Asia Pacific economies are showing strong economic growth but a record number of companies have seen delayed payments.
Late payments were experienced by 64% of companies in 2016, a recent Coface report found.
Automated accounting promises to save business owners time and money and remove much of the tedium from routine tasks.
Uncertainty surrounding the UK’s exit terms from the EU is preventing businesses from being able to accurately hedge foreign-exchange risks.
Regional foreign exchange dealers have become more prevalent, while the top four have lost market share year-on-year.
The latest triennial review by the US Association for Financial Professionals of treasury’s strategic role reveals changes over the nine years since the 2008 financial crisis.
The latest annual survey by US group Treasury Strategies reports that their priorities are familiar, but treasury is adopting a fresh approach to tackling them.