Categories » Treasury Practice
Offering the convenience of prices from a range of banks at the click of a button, it’s easy to understand why many corporates have grown fond of multi-bank FX portals. Can these FX ‘supermarkets’ really provide the value of a direct relationship with your bank though? In this article we ask whether it’s time to think again about your FX relationships, and discover that any re-evaluation should not be tied to price alone.
Be the first to comment | January 2012
It is often said that the quality of your business depends on the quality of the relationships you enjoy with your counterparties. Never has this saying been more important for corporate treasurers than today with the Eurozone sovereign debt crisis placing a severe strain on the European banking system.
Be the first to comment | October 2011
It is safe to say it won’t be as fondly remembered as that famous speech Martin Luther King delivered on the steps of the Lincoln Memorial, but Alessio Rastani’s ‘I have a dream speech’ this week has certainly caused a stir.
Be the first to comment | September 2011
The return of philanderer and ex-IMF head Dominic Strauss Khan to his native France hasn’t gone unnoticed. Especially among a group of badauds (onlookers) and journalists which has set-up camp outside his home in Place des Vosges.
Be the first to comment | September 2011
With the ever-expanding role of the treasurer, the segregation of duties between the treasury and accounting functions has become blurred. So how are the boundaries and remits of each department restored? And what is their rapport like in reality?
Be the first to comment | September 2011
When projects are billed as ‘ethical’ or ‘eco-friendly’, you can be sure most CFOs see through the spin and know a hefty bill is on the way. But should ‘green treasury’ be re-branded ‘efficient treasury’ when it can cut costs and reduce fraud, too?
Be the first to comment | August 2011
In recent years, many treasuries have managed to reduce their silos and implement best practice risk management policies, which now tend towards integrated, enterprise-wide solutions. But can treasurers keep control...
Be the first to comment | August 2011
Clearly risk management has become a bigger part of the treasury’s core tasks since the financial crisis – but does stagnation threaten the function’s success?
Be the first to comment | July 2011
“Chinese buyers and suppliers will soon want western corporates to be able to trade with them directly in RMB. The sooner you can offer that, the better…
Be the first to comment | July 2011
Keeping tabs on key treasury KPIs used to be a relatively straight-forward business. Three metrics – days sales outstanding (DSO), days payables outstanding (DPO) and days inventory outstanding (DIO) – were thought to provide treasurers with an accurate measure of their working capital efficiency. Adopting such metrics was also seen as a critical step on the way to achieving the Holy Grail: best practice in cash flow - both in the management and forecasting disciplines.
Be the first to comment | July 2011