Treasury Forecasting: An Overview Of Practices
Is your business grappling with excessive banking fees? Are they accurate or erroneous? An analysis of your bank billing statements can help you solve this dilemma. It is not uncommon for a banking institution to make errors that affect their customers. In January 2018, Wells Fargo double charged an unknown amount of consumers due to an internal processing error. Below we break down five of the common billing errors we see when helping our customers.
The Pierre Fabre Group has secured recurring access to market financing while staying true to its identity. In late June, the finance division of the group, which specializes in oncology, dermatology, public health and dermo-cosmetics, completed its inaugural issue of NEU CP (Negotiable EUropean Commercial Paper) securities amounting to €30 million. This was soon supplemented by a second issue that brought the group’s negotiable debt securities program up to its ceiling of €50 million.
“Trading activity necessitates a consolidated vision of all of the transactions processed at each moment in time”, Malik Dahmoune, Finelia
As part of our series of articles dedicated to the selected audience of commodity trading firms, Malik Dahmoune, founder of Finelia, explains the challenges of automated monitoring of trade finance operations and the prospects for modernising the business opened up by the digital revolution. To explore the topic further after reading this interview, download our new study by completing the form at the bottom of the page.
For more than 30 years, AFP Services Codes© have been recognized as the industry standard for identifying service charges that appear on account analysis statements and in responding to RFPs.
AFP 2018 Speaking Session – Slideshow – What is the impact of a company’s ratings on public capital markets, its banks’ internal profitability assessments, and its banking relationships? The answer allows treasury practitionners to more effectively manage bank relationships as well as to understand the key components to consider when allocating business to banks.
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.
AFP 2018 Treasury Management Session – Become a Treasury Superhero by Gaining Control over Bank Fees and Merchant Card Fees
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 !
“We must be a driving force for innovation in the domain of financing”, Laurent Christophe, Trafigura
Trafigura is one of the world’s leading independent commodity trading and logistics houses. At the heart of the global economy, Laurent Christophe, Head of Corporate Finance of Trafigura, shares with Redbridge the details of how his company is addressing and seizing financial opportunities in the current environment and what he envisions in the future.
Paris, 2 October 2018 – In a market in which technology and regulations are evolving quickly, the Redbridge Group has strengthened its position in the fast-growing cash management sector by acquiring De Rhins, a specialist in the optimization of bank fees. The merger will help both companies better serve their corporate customers.