Articles tagged with:
cash management

  • Beautiful hawk in the desert

    Spreading out: overlay cash pooling

    The umbrella structure of an overlay cash pool can offer corporates with internationally-diverse operations another dimension to their liquidity management. But it can be time-consuming to implement, and regulatory restrictions on banks could limit their incentive to provide the service. What do treasuries need to know about the arrangement?

  • Person typing into a laptop

    Deploying a TMS: call of duty

    Dufry is a travel retailer operating around 1400 duty free and duty paid shops located within airports, cruise lines, seaports, railway stations and downtown tourist areas in 47 countries across Europe, Africa, Eurasia, Central America & Caribbean, North America and South America. It has a current market share of around 9% and a current growth strategy focused on the emerging markets. Group Treasurer, Yves Gerster, explains how technology has played a transformative role in the company’s approach to risk and cash management.

  • Falling dominoes

    Asian treasuries struggling with risk hurdles

    Operating across Asia, with its diverse banking environment and no single currency or regulator, presents unique issues to the treasurer. And it seems that many corporate treasuries in the region are struggling to manage their risks amid these challenges.

  • Glider in the mountain landscape in sunset

    Risk high but manageable, say Asia CFOs

    An annual survey of finance chiefs in the Asia market reveals a confident mood in the region’s business prospects. But while the majority of the region’s multinationals are feeling bullish about revenue growth in the year ahead, concern about financial risks is on the rise.

  • John Chen, Honeywell

    Corporate View: 
    John Chen, Honeywell

    John Chen has over 20 years of experience in treasury and finance across a variety of industries. In 2012 he joined Honeywell in the Asia Pacific region, where the company has regional revenues in excess of $6 billion generated by business entities spanning 14 countries in the continent.

  • Bumble bee on a cherry flower

    SWIFT: small is beautiful

    What is SWIFT doing for smaller corporates? Treasury Today hears about some of the propositions the company has for mid-market players.

  • Car light trails in Shanghai

    Shanghai Free Trade Zone: pilot to perfect

    The Shanghai Free Trade Zone has been hailed by some as signalling the end of trapped cash in China. But after an initial frenzy of enthusiasm around the opening of the zone, Beijing’s slow-and-steady approach to expanding the scope of the initiative means corporates will have to wait and see if the reforms, and their liquidity benefits, can be implemented beyond Shanghai.

  • Paint brushes on a paint covered palette

    Adaptive behaviour: a treasurer for all sectors

    Beyond their core skills and competencies, treasurers can also benefit from the more nebulous ability to adapt to their environment. After all, what works well in one industry may be wholly inappropriate in another. We look at how the challenges to the treasurer vary from sector to sector.

  • Vintage spinning swing ride

    The app advantage

    Apps have become near ubiquitous in the consumer space. Almost whatever internet service one requires, from the functional – such as making a payment or finding an address — to the trivial – such as killing time with a quick game of Angry Birds – there is an app for it. Yet corporates are still lagging behind in the adoption stakes. Will the new range of next generation apps coming on to the market change their minds?

  • Busy shopping centre

    Making a success of supplier finance

    Characterised by smoke and mirrors, supplier finance is seen by many as something of a dark art. In reality, it is a practical means of enabling key suppliers to secure an early cash flow injection on better-than-normal credit terms, while allowing the corporate buyer to obtain a longer settlement period, reduce the risk of supplier failure, and increase supplier loyalty. So why does this ‘win-win’ solution still have an air of mystery about it and how can companies make the most of supplier finance?