Instant treasury is becoming more of a necessity as treasurers are increasingly looking for solutions that allow real time visibility on their cash positions. At the same time, open banking has become more accepted by many organizations as a result. So, what exactly is instant treasury and how can it be leveraged properly?
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.
By Alex Lhéritier – European Head of Coverage at Redbridge. I worked as a banker for close to 20 years and I thought for quite some time there was not much to unveil about banking practices. Yet, I changed my mind this year, after moving into consulting and seeing the banking industry through a different lens.
While the massive roll-out of vaccines against Covid is raising hopes that the ongoing global health crisis will soon be resolved, there’s still considerable uncertainty about the long-term consequences of the pandemic on the economy. CFOs and treasurers will need to be resilient and act with rigour, innovation and boldness to seize the opportunities to be found in 2021.
As we bid farewell to what was a year like no other, we look back at some of our articles from last year that provided our innovative points of view on matters related to finance and treasury.
Global TMS providers are stepping up to help treasurers during the COVID-19 pandemic. Here’s how.
Many treasury software vendors strive to offer reliable and efficient modules to anticipate cash inflows and outflows. In addition to Treasury Management System tools, stand-alone solutions for managing and optimizing WCR are being developed. These niche solutions are designed to improve the management of the purchasing cycle (P2P) or sales cycle (O2C). Overview.
Slideshow – Hear how Uber worked with their banking and software partners and used the new 2018 AFP Global Service Codes to gain insight and visibility into their cash management banks spanning 57 countries.
Slideshow – Every treasury department knows it should have control over the expenses incurred through bank fees and merchant card transactions. We all know we need to do better but have lacked the ability. Until now !
Redbridge strengthens the value of its independent advice to international trading companies. Based in Geneva, Mihai Andreoiu is appointed as Senior Director, Head of Commodities Trading & Trade Finance sector. He will also be responsible for the development of Redbridge’s new Swiss office opened in September.
Raphael Leprette, senior director at Redbridge, discusses the opportunities arising from a merger of two treasury organizations. According to him, to optimize synergies, it is key to value the history, culture, experience and expertise of each team in the merger and encourage cross-fertilization of knowledge and sharing of expertise.
In cash pooling, companies have a choice between using their bank partner or relying on the functionalities of their treasury management system (TMS) to manually (or semi-manually) manage their deposits. Redbridge reviews the advantages and disadvantages of each solution.
The leading financial management partner to corporations is now closer to its Swiss clients and the many treasury centers of multinational companies in Switzerland.
On Wednesday, September 19th, the Dallas Association for Financial Professionals will hold its annual education and networking event.
