How 2022 Will Transform Your Treasury Department
Negotiations between borrowers and lenders on KPIs associated with sustainable financing reflect the growing pressure from authorities on both banks and institutional investors to act to shape a more responsible society.
Contemplating API connectivity with your banks? Here’s what to consider before deciding whether APIs should be on your radar.
As a prelude to the release of a new AFTE technical report on improving working capital requirements, Nicolas Boulay, associate director at Redbridge and a contributor to the report, shares his views on the key ways to optimize working capital requirements. He explains why it’s a matter of responsibilities, organization, data and people.
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.
Ahead of the release of a new technical paper on the optimisation of working capital, Redbridge has conducted a survey to assess whether the COVID-19 crisis has changed the dynamics of working capital within European companies. Between mid-February and mid-March 2021, 35 finance managers from major groups responded to a six-question survey, the results of which we present below.
Watch the live demo of our expert, Dan Gill, presenting our new bank account management solution, HawkeyeBAM, to the four Treasury Dragons.
A software package’s ability to provide relevant analysis of cash management fees depends on the vendor’s knowledge about how each bank builds account analysis statements, says Gaëlle Parquic, Associate Director at Redbridge Analytics.
In January, French Treasury and the French banks agreed to offer companies that raised a PGE (prêt garanti par l’Etat — French State Guaranteed Loan) an additional one-year deferred amortization. Muriel Nahmias, Senior Director Debt Advisory at Redbridge, provides an update on this grace period and the options for extending PGEs.
Since 2007 the EU has had a single payments market, with common rules and limits on card fees. As a result of Brexit, the UK no longer comes under EU regulations, and both card schemes and card issuers are free to increase the fees they charge on card transactions between the European Economic Area (EEA) and the UK, and on domestic transactions in the UK. Higher charges could represent a significant burden for merchants at a time when the retail sector is facing unprecedented pressure.
“We always wanted to be prepared for the worst-case scenario”, Arnaud Winkelmann – Compagnie des Alpes
On 4 March, Redbridge chatted to Arnaud Winkelmann, Director of Finance and Treasury at Compagnie des Alpes, about financing and cash management in times of crisis. On the agenda were financing strategy, state-backed loans, waivers, savings, electronic payments and cash management.
In September 2020, the European Commission identified its priorities for retail payments in Europe for the next four years. Analysis by Mélina Le Sauze, Director – Treasury Advisory.
Virtual bank accounts (VBAs), or rather the idea of virtual bank accounts, has been trending for many years now, with major global banks heavily investing and preaching to convert their customers. But are virtual bank accounts really the miracle solution that treasurers across the world have been waiting for? And if so, why is the current adoption rate still so low?