• Photo of the Shard

    Bringing the pieces together

    Internal and external cashflow management – and the data associated with these two pieces of the cashflow puzzle – have proved difficult to bring together. But greater integration of the in-house bank and payments factory with liquidity management and planning solutions, are making it possible for companies to get a clearer picture of their group-wide liquidity.

  • Telescope over looking the city

    Security, liquidity and yield: exploiting rising rates

    Treasurers with excess liquidity need deposit-like liquidity without the bank counterparty risk, risk-free capital protected investments whose value remains stable regardless of interest rates and yields above those of the risk-free rate. It turns out they may be able to have what they want.

  • Space shuttle lift off

    eBAM ready for take off

    Transaction banking relationships and bank account management are continuing to evolve as the lessons of the global economic crisis take root. Companies are choosing to maintain multiple bank relationships. eBAM could help these companies streamline account management and this may help rein in growing transactional banking fees.

  • Business man working on a checklist on a clip board

    The perfect RFP: getting precisely what you need

    Whether looking for new services and banking partners or updating current systems and working with existing banks, a Request for Proposal (RFP) is a core stage in any tendering process. This article explores the best ways of obtaining the most suitable banking services to meet treasury requirements.

  • Railway crossing sign by a gate and overgrown field

    Barriers to cash pooling

    Corporates looking to improve their liquidity have focused on cash pooling with renewed vigour since the credit crunch. In this article, we take a look at some of the problems treasurers face when putting these structures in place, focusing in particular on the challenge of getting subsidiaries on board with a new pooling structure.

  • Separate accounts

    Money market funds are a popular investment vehicle but they are not without their limitations: investors have little control over the securities in which the funds invest and in the current market yields remain low. Separate accounts are emerging as an alternative for investors looking for higher yields and greater control over their portfolio.

  • SWIFT for Corporates: do costs outweigh benefits?

    Companies are increasingly realising the value of connecting with their banks via SWIFT. With falling costs and an ever-growing array of messaging services geared specifically to the corporate market, the business case for SWIFT access is becoming easier to quantify. However, there are still obstacles to adoption, and the benefits will not outweigh the cost for many companies.

  • Man swimming in ice cold water surrounded by snow and ice

    SEPA: time to take the plunge

    Corporate treasurers have tried their best to ignore the Single Euro Payments Area (SEPA), but the recently issued end-date regulation means they will have no option but to adopt the system over the next two years.

  • Money related graph on screen

    Never lose money: investor objectives revisited

    Security, liquidity, yield: the three objectives of investors have been aligned in this order since the start of the financial crisis, with yield coming emphatically bottom of the list. However, with interest rates expected to remain near zero for the time being, some investors are starting to look more proactively at the possibility of increasing return on their investments – without compromising on all-important capital preservation.

  • Road sign pointing both ways, one black arrow and one red

    Return to sender – reverse supply chain

    Companies spend a great deal of time and money perfecting their forward supply chains, only to neglect backward flows – that is, the return of goods that have been supplied. European retailers, in particular, are reportedly losing billions each year to poor management of their reverse supply chains. So, what can be done to manage these flows more effectively and how can treasury generate profit from waste?