Les Mousquetaires: how artificial intelligence is revolutionizing treasury operations

Laurent Bonhomme and Sébastien Schweickert share their insights with Redbridge about Groupement Les Mousquetaires’ success in improving its treasury operations (cash flow forecasting) using a predictive artificial intelligence model. Initiated five years ago, this groundbreaking project has delivered tangible benefits, driven by the dedication of an expert three-person team. It represents a compelling example of the opportunities, but also the challenges, that integrating artificial intelligence in treasury processes can involve.

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Banks Are Upgrading Their Billing Systems – Is Your Bank Fee Software Ready?

In the last 12 months, we have seen unprecedented amounts of changes to bank fee reporting due to bank mergers, system upgrades, bank fee rationalization projects, and the new AFP2020 Service Code rollout. How do you prepare your billing systems to manage these changes to your pricing agreements and confirm their impact on your bottom line? Depending on your vendor, this responsibility may fall on you. Watch our webinar hosted by our experts Bridget Meyer and Dave Strand to find out if your software is ready.

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The keys to successful in-house banking

Cash Management,

In-house banking provides a number of advantages to financial departments when it comes to managing their cash flow more effectively: it helps them combat fraud, control financial risks and optimize their working capital requirements. Jéromine Adler and Arielle Chave, consultants in Redbridge’s Treasury Advisory team, highlight some of the keys to success when it comes to such projects.

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Market update on factoring and reverse factoring solutions in Europe

Financing,

Due to the recovery of industrial production and international trade, working capital has become one of the main challenges finance departments are facing today. Asset-based financing solutions can facilitate working capital management, diversify sources of financing and optimize the cost of debt. Listen to our November 16, 2021 market update on key players in factoring and reverse factoring businesses in Europe.

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Payment Card Best Practices

Payments,

The merchant card industry is changing, so much so that even the word ‘merchant’ has become out-of-date. In recent years, the industry standard verbiage changed from merchant cards to payment cards to be all-inclusive of the complexities of the payment card world. Examples of payment cards can include traditional credit and debit cards, but also gift cards (closed loop), pre-paid cards (open loop), ghost, and virtual cards.

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Redbridge to Exhibit and Present at New York Cash Exchange

In many treasury organizations, bank fees are simply left unchecked.  We all know we should be monitoring them, but most of us run out of time or energy before we can tackle the problem.  We have found time and time again that with the right abilities, a treasury professional can have a great impact on their company’s bank fees and get themselves recognized as a treasury ‘superhero’ in the process.

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The Complex World of Payment Card Surcharging

Payments,

With the recent lifting of the ban on merchant surcharging, the U.S. payments industry has not seen widespread adoption. However, as fees continue to climb, card-not-present volumes increase, and there are fewer options to lower fees, merchants are finding themselves backed into a corner.

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RAROC: The Most Efficient Tool to Manage Your Share of Wallet

Financing,

Capital management and risk-adjusted performance are increasingly complex tasks for corporate treasurers, particularly in relation to their banking relationships. Banks have utilized RAROC (risk-adjusted return on capital) – a risk-based profitability measurement – for decades as a key factor in determining their appetite for business relationships with corporations.

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Old Dogs, New Tricks

Payments,

If there is one thing that those close to the payments industry know, it is that the industry is constantly evolving. We see payments getting faster and more convenient. With that said, the one thing merchants rarely see, as a part of all this growth and innovation, is shrinking cost. Payments, particularly card payments, just seem to be growing more expensive. While it is true that some portions of card acceptance, such as the fees paid to an acquirer, may be getting slimmer and more competitive, merchants still foot the bill for the most expensive component – interchange.

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Redbridge / Market Intelligence / Uncategorized
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