Find articles by their print magazine section.
The company’s FX and liquidity challenges were highly complex and all revolved around volume, variety, and velocity. To ensure that it could build a solution that would help it in all areas of control, speed, and scalability, it worked collaboratively with TreasuryXpress to customise its cloud-based solution.
This active foreign exchange risk management programme demonstrates the direct benefits of extracting value from global currency trading on the world’s most impoverished populations.
This transaction took place in the wake of the biggest aircraft finance story of 2016 – the unprecedented hold placed on all guarantees and export credit support of Airbus products by UK Export Finance, COFACE (the French ECA) and Euler Hermes (the German ECA) as a result of disclosure issues investigated by the UK Serious Fraud Office.
The de-recognition of trade receivables under IFRS via a securitisation is not very common and only a handful of players in the industry have the capacity to implement and execute such a complex structure.
This is a very interesting account of how Hyundai successfully executed a global US dollar issuance strategy, expanding well beyond their traditional US format – the US investment grade market standard – by beginning the transaction overnight in Asia and then following the sun from Europe to the US. A very innovative approach to funding.
DuPont has taken a number of steps with this solution in order to realise its ambitious objectives to replace cards for 26,000 employees working at 250 legal entities in 50 countries.
This card programme is an excellent example of best practice in the roll-out and ongoing management of a global scheme. Essential to its success is the fact that the roll-out was ‘owned’ by the treasury team.
This company operates in 34 countries worldwide. This is more than just a card solution; Citi and Basware developed a state-of-the-art solution that leverages e-invoicing and credit card networks to create an ecosystem that allows suppliers to be paid early, but does away with all issues encountered with a traditional physical card.
This SCF solution is fully complementary to Etihad’s existing infrastructure without the need for any manual intervention for the airline or its suppliers. The implementation of this solution is also in line with their treasury transformation agenda to centralise treasury operations in the UAE, including a complete overhaul of their working capital activities, systems, processes, technology and infrastructure.
Together with their e-invoicing partner and key relationship bank, Kuehne + Nagel has developed a fully technically integrated, one channel, seamless straight through invoice-to-cash platform, complemented with an accelerated supplier payment feature in the form of a receivable purchase option.