The cash application process is an area where companies can achieve major cost and time savings, but achieving these benefits rests on securing complete information and using it effectively.
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.
Chief financial officers increasingly are taking on responsibility for their organisation’s customer experience, a job that has traditionally been that of the chief marketing officer.
‘Opportunity from uncertainty’ will be the theme as the UK’s Association of Corporate Treasurers holds its annual event next week in Manchester.
Many financial departments that continue to rely on traditional tools such as spreadsheets struggle to draw together multiple data sources and resolve complex adjustments.
In this interview, Frank Muusse, head of corporate finance and financial risk at Philips Lighting, outlines his work for the company and the impact of changing risk and financial regulation.
As a biopic of McDonald’s founder Ray Kroc hits cinema screens, what cash flow forecasting challenges face global food and beverage businesses 60 years on from the creation of the golden arches?
Companies may have less of an incentive to optimise their working capital in a low interest rate environment. However, dedicated solutions can support a more nuanced approach, enabling them to identify working capital opportunities and challenges specific to their own businesses.
Treasury has shifted to perform a more strategic role in recent years, moving from a focus on transactions to analysis. Most US treasurers see the transformation moving further over the next five years.
The growth of online commerce and corresponding explosion of payment technology has resulted in a fragmented market. Modular technology can provide a solution for the treasury challenges this has created.