• Close up of Vietnamese red envelopes with money being presented

    Many happy returns

    Tax is tax, and treasury is treasury, and never the twain shall meet. With apologies to Rudyard Kipling, this phrase might well apply to the corporate view of two different functions that in the past may not have spent much time in each other’s company. This is not how it should be.

  • Colour night with bicycle against a fence

    Will Asia’s MMFs seize the Basel III opportunity?

    With the cash stockpiles of multinationals in Asia continuing to expand and Basel III changing how a bank views its client’s deposits, there is a growing level of interest from corporate investors in what Asia’s nascent money market fund industry has to offer. We take a look at the prospects for funds in some of the region’s key markets in the years ahead.

  • Abstract waterfall flowing down

    A smooth flow

    An accurate cash flow forecast is a must for every treasury organisation. In fact, it is the fundamental piece of information on which all treasury decision making is based, and an inaccurate forecast can (and probably will) have a detrimental impact on treasury and business performance. Nevertheless, corporates around the world frequently cite cash flow forecasting, and achieving sufficient visibility over their cash more broadly, as being a key challenge.

  • Close up of combination lock

    Unlocking the ties in working capital

    Not to be confused with simply releasing trapped cash, working capital optimisation is a dynamic process that can add value to the whole supply chain. With shrinking profit margins across Asia, corporates are focusing on the bottom line and looking at ways in which they can manage the cash conversion cycle to optimal effect.

  • Close up of classic guitar tuning mechanism

    Cycle repairs

    The cash conversion cycle measures the speed that cash tied up in the buying, production and sales process can be converted back into cash again. This is perhaps one of the most important business metrics and its optimisation makes sound business sense. Treasury Today considers methods of improvement.

  • Hands together holding lots of coins

    Show me the money

    In recent years, survey after survey has shown ‘improvements to cash visibility’ to be near the top of the corporate treasurer’s wish list. Achieving that desired level of visibility, however, seems always just out of reach. Why are companies still finding it tricky to get proper visibility over their cash? Is technology always the answer or should treasurers be thinking about more fundamental changes? In this article, industry experts give us their take on this perennially thorny issue.

  • Close up of a photographer holding camera

    Show me the money

    In recent years, survey after survey has shown ‘improvements to cash visibility’ to be near the top of the corporate treasurer’s wish list. Achieving that desired level of visibility, however, seems always just out of reach. Why are companies still finding it tricky to get proper visibility over their cash? Is technology always the answer or should treasurers be thinking about more fundamental changes? In this article, industry experts give us their take on this perennially thorny issue.

  • Two people passing relay baton between them

    Discounting for the 21st century

    A number of misconceptions exist around dynamic discounting. Here, we aim to dispel these myths and get to the heart of why dynamic discounting can be beneficial for both buyers and suppliers.

  • Surfer riding a wave

    Moving in waves

    Inefficient mobilisation of liquidity has a number of negative effects on corporate financial well-being, not least being increased risk. The good news for businesses is that there are several ways to hold a steady course in a rolling ocean of market uncertainty.

  • Glass ball looking out over a lake at sunset

    What’s on the cards?

    Use of corporate cards is expected to grow significantly over the next few years, with more and more companies in the mid-market space embracing cards. What is driving this trend and when is the right time to get on board?