Articles tagged with:
cash forecasting

  • Shanghai skyline

    Cash management in mainland China

    The first article in this series - in association with Citi - looked at the dramatic changes in the regulatory structure for the renminbi and the burgeoning use of the currency. In this instalment we look at the basics of onshore RMB cash management. This will be followed by a detailed look, in article three, at cash concentration and liquidity management techniques, and in article four at funding.

  • €120 billion up for grabs – but why have treasurers failed to spot it?

    Mid-sized corporates could find €120 billion in usable cash within their own structures. A new report from HSBC and PwC details the huge benefits of reorganising finances to cut working capital and release trapped cash – all in a way which helps meet the CFO’s aims and can boost the treasurer’s standing in the firm. But if external banks and consultants can see the steps treasurers need to take, why have the treasurers not done it already?

  • Bank of England under pressure

    The turbulence in the US, Eurozone and the UK has set up an unstable relationship between the three currencies they represent. Nowhere is this more obvious than the UK, where economic weakness and inflation worries may conspire to push sterling further down.

  • 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.

  • Brass barometer pointing to change

    The challenges of cashflow forecasting

    Predicting the future is always going to be a struggle, and in reality a cashflow forecast is almost never 100% accurate – no surprise, then, that many treasurers view forecasting as one of the more problematic challenges of the job. Furthermore, when it comes to forecasting no two treasuries are alike and the differences extend to the crucial question of how accurate a forecast needs to be. However, by keeping a clear view of the objectives of the exercise and by managing subsidiaries’ reporting requirements, many of the difficulties treasurers face can be overcome.

  • Integrated cash management and trade systems – “a treasury utopia”

    Those are the words of Dick Oskam, RBS’s Head of GTS Netherlands. He has set out his vision of one possible future shape of the Global Transaction Services industry. “If banks could offer access to integrated services through one platform with one end-user access point, treasurers would benefit from increased ease of use, lower costs, and more transparency and visibility,” Oskam told Treasury Today.

  • Customer data key to cash forecast accuracy

    Cash forecasting is moving to the forefront of treasury priorities but consistent accuracy is possible only…

  • Mauro Prignoli

    Problem Solved: 
    Mauro Prignoli, Piaggio

    With two thirds of the company’s annual sales generated between April and September, the search was on for a way to consolidate the company’s numerous bank acounts and improve its cash management system in order to improve visibility.

  • Stefan Jaskulak

    Corporate View: 
    Stefan Jaskulak, City of Atlanta

    The City of Atlanta is the state capital of Georgia, US, and is a major transport hub with the busiest airport in the world. As an enterprise, the City has over 7,000 employees and annual revenues of $1.5 billion. They serve a population of over 500,000 in the city proper and up to 10m in the total metropolitan area.

  • Businessman wearing a suit and red boxing gloves

    Mid-market treasuries: punching above their weight

    Nimble and increasingly keen to adopt the sophisticated cash management practices of their larger cousins, mid-market treasuries face specific challenges, from overcoming resource limitations to competing with better-rated companies for credit.