Treasury Forecasting: An Overview Of Practices
As the bank debt and bond markets are experiencing extreme volatility, Redbridge’s treasury and finance advisory team has listed six lessons learned from the 2008/2009 financial crisis to help finance departments in their primary mission: managing corporate liquidity.
With the fast-spreading threat of the coronavirus paralyzing the U.S. and global economy for months to come, the Federal Reserve made the drastic decision on March 15, 2020, to slash interest rates to zero.
Whether you are looking at a check image through an online banking portal, image file, DDA statement, or CD-ROM, there is a cost for each image, and the dollar amount may surprise you.
“We combine artificial intelligence with business skills to revolutionise cash flow forecasting.” Rupert Schiessl, founder of Verteego
Verteego believes that cash flow forecasts should be rethought to improve how companies are managed and increase their profitability.
“The complexity of international guarantees no longer prevents them from being processed digitally”, according to Malik Dahmoune, from Finelia
In November, SWIFT will release a new set of trade finance messages to facilitate paperless processing of international guarantees. The challenges for corporates lie in communicating with all their counterparties in a common language, increasing efficiency and, ultimately, having a consolidated view of their liabilities. In this interview, Malik Dahmoune, director of Finelia Trade Finance Software, explains the key points.
There is still appetite for highly-rated corporates, but the size of financing must be consistent with a company’s business plan. Since last summer, credit committees have been becoming increasingly cautious and this trends looks set to continue, writes Muriel Nahmias.
Understand your risk positioning to secure the best investment terms
Olivier Grandval, treasurer at Louis Dreyfus Company, discusses how SWIFT gpi simplifies the daily work of the treasury team of his group that trades in agricultural commodities. For him, improving the traceability of cross-border payments opens up new opportunities for bank relations and cash flow forecasts.
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.
When we think about how bank fees are being treated in the U.S., there is something very unique that, regardless of your company’s size, industry or banking partners, if you operate in this country, your bank fees will inevitably be tied to your operating balances through an earnings credit rate (ECR) mechanism.
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.