Verteego believes that cash flow forecasts should be rethought to improve how companies are managed and increase their profitability.
Redbridge invited three international treasury professionals based in the US, UK and France to share their views on successful cash flow forecasting. In this post, Ferdinand Jahnel, VP, Treasurer at Marsh & McLennan Companies, explains how artificial intelligence (AI) could improve the process of cash forecasting.
Effective March 20, 2020, the Same Day ACH (automated clearing house) per-transaction dollar limit will increase from $25,000 to $100,000.
How to reduce your company’s bank fees in 2020
We have reached the tipping point in bank billing transparency globally, and it is exciting. The vision of creating a global standard for bank fee reporting started with a few individuals willing to do the work, a few large corporations willing to apply pressure, and a few global banks willing to be leaders in providing transparency to their customers.
By the end of the calendar year (and for many of us, fiscal year-end), we have a growing mountain of tasks to complete – close the books, conduct our annual budgeting exercise, get ready for the audit, and review upcoming changes to regulations that may affect our cash.
Key takeaways from our educational session at AFP 2019
NAVY PIER CONVENTION CENTER, CHICAGO, IL. | Redbridge is excited to be presenting insights pertaining to Global Treasury and Cash Management. Don’t miss our educational session with Dan Gill!
When fuel prices rise and fall consumers expect airline tickets and other prices to follow suit. With the recent reduction in FDIC surcharges, many large corporations are wondering if their banks’ “deposit assessment fees” will also be reduced.
In our bank account management (BAM) blog series, we strive to look at the problems of bank account management from a modern perspective. Our first installment focused on proper bank account management practices in the risk-focused world.
Redbridge earns the SOC 2 Type 2 certification after an audit in early 2019. The certification confirms Redbridge has established and follows strict information security policies and procedures.
Power Up Your Next Bank Relationship and Fee Review. As a treasury professional, having visibility into costs is a starting point for negotiation and cost-saving opportunities with your banks.
Marriott Woodland Waterway | April 7 – 9, 2019 – Redbridge is excited to exhibit at TEXPO in Houston, Texas.
How do you know you are getting the best rates for the fees you are paying to your banks? You could compare what you have paid in the past or what you pay to other banks. However, are those truly accurate benchmarks? Each banking relationship varies with the multitude of services provided by each bank. The rates you pay in fees could vary just as much as the number of services you use at each bank. Utilize the below tips for smooth bank fee negotiations.
We have discussed the stages of your banking relationships and tips for a successful RFP but what does an effective RFP process look like? There are steps in the process every company should progress through for a successful RFP process. Below we detail those steps along with a few insider tips from Redbridge experts who have worked through countless RFPs with our clients.
