The automation of cash management processes has become essential for optimizing liquidity and improving cash flow visibility. At a Eurofinance roundtable featuring Roberto Rossetti, Treasury and Funding Manager at HERA SPA, and Elise Hoyet, Head of Virtual Account and Payment Factory Domain at Societe Generale, the conversation focused on key cash management trends 2024 and strategies for automating these processes.
Chicago, IL – 8/12/2024 – Redbridge Debt & Treasury Advisory, a leading international advisory firm, is proud to announce the opening of its new office in Willis Tower, located in the heart of Chicago. This expansion marks the 25th anniversary of the firm and underscores its dedication to the U.S. market.
The prospect of monetary easing across the Atlantic in the coming months makes the adoption of an indexed, transparent mechanism for remunerating dollar deposits look like an attractive option. More generally, it’s a good opportunity for local treasurers to rethink their cash management strategies and how they manage their banking relationships. Take a look at our advice for 2024 based on federal funds rate forecast 2024.
Calling all European treasurers! Is your company operating in the US? This webinar is a must-see to ensure you gain a comprehensive understanding of the US banking environment.
Sarah Gundle, project manager at Redbridge, sheds light on three surprising distinctions that European treasurers encounter when conducting operations across the Atlantic in cash management in the US and in Europe. From managing large volumes of checks to decoding intricate US account analysis statements and understanding the nuances of Earnings Credit Rates, Gundle provides valuable insights and practical solutions to navigate the U.S. banking landscape.
The recent banking turmoil reminds everyone just how important it is to be managing counter party risk. This disarray also demonstrates the strategic nature of deposits for financial institutions. According to Alexandre Bousquenaud, one of the key objectives treasurers should focus on in this environment is negotiating their yield on cash balances to take advantage of ongoing monetary tightening.
Bridget Meyer faces the Treasury Dragons in a live session that looks under the hood of the best-of-breed bank fee analysis systems, including a live Q&A with real corporate treasurers.
To dive deeper into the topic of bank services billing analysis, we decided to dig into the Redbridge archives and compile a list of our most relevant articles.
While the last few years have created significant changes in the treasury landscape with a rapid push towards digitalization (e.g. the resurgence of the QR code), the pace of change within the depository environment is better described as a slow and steady march.
At a recent conference dedicated to cash management in the US, Sarah Gundle, project manager at Redbridge, presented the three differences that always surprise European treasurers conducting their first operations across the Atlantic – Interview.
Banks invest to improve and digitalize both their internal processes and their customer offers. Even so, there are still huge differences among them, as all banks did not start this race at the same point and do not move at the same speed, write Samantha Felipe-Lopez and Wesley Johnson.
Despite the importance of cashflow forecasting for a company’s investment and financing decisions, a majority of companies still rely on a single technology – Excel spreadsheets. Solène Moyne, senior analyst at Redbridge, reviews the capacities of the different cash flow forecasting systems and tools currently on the market.
With all of the uncertainty in today’s world – economic turbulence and political turmoil – it’s more important than ever for businesses to be able to forecast future cashflows accurately.
Global Treasurers are continually striving to streamline account structures and centralize transaction processing. Increasingly, they are turning to virtual accounts as a key tool to provide this comprehensive view of their cash position and improve their decision-making process. However, in spite of certain advantages, virtual accounts have some difficulties when being integrated into the landscape of companies.
