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.
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.
The world’s emerging markets, particularly those of Asia, offer some of the best prospects globally for strong growth in the years ahead. How to companies and treasury departments meet the various challenges of these regions in order to reap the benefits?
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?
Business proximity - not to be confused with strategic treasury - is what justifies treasury’s existence within a non-financial business.
Robotic process automation (RPA) is attracting widespread attention in the business world, evoking both excitement and apprehension. This article examines the development of RPA and the many areas in which it is now being applied.
Seen as the ultimate model by treasurers, centralisation is rarely as black and white as it appears. Today, digital advances are making it easier for every treasury function to reap the benefits of centralisation while overcoming financial, operational and psychological barriers.
The UK’s recent vote to “Brexit” is causing alarms to ring for many organisations, and finance leaders are seeking alternative means to compensate for lagging to negative interest rates. Pile on Section 385 for some US-based multinationals and the challenge becomes even denser for treasury.
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.