This article was written by Tom Alford and published on TMI Website on may 10, 2022. https://treasury-management.com/articles/is-a-treasury-tech-self-build-feasible/ Our consultant Patrick Kunz contributed to the content of the article via an interview. Treasury is an increasingly technology-enhanced function, and some treasurers have taken their involvement to the next level, building their own solutions. […]
Cash forecasting involves trying to predict the future, which is impossible. AI-based cash forecasting tools can help simplify a treasurer’s job, but striving for 100% accuracy is a waste of time. Treasurers should focus on using the data they have to gain insight into their future cash position, rather than attempting to predict every single factor.
The Global Treasurer outlines the key trends and challenges that will shape corporate treasury strategies over the next 12 months – article published on theglobaltreasurer.com on 2Feb2022 and written by Liz Salecka. Input by our consultant Patrick Kunz: The pandemic, a seismic shift to homeworking, and ongoing economic uncertainty have […]
Article published on 14 december 2021 on website: theglobaltreasurer.com written by Liz Salecka Corporate treasurers are now well placed to pursue greater career ambitions – even outside treasury Corporate treasurers have historically always taken a back seat in driving forward corporate operational and strategic thinking, and for many this has […]
We cannot switch on the news without hearing about technological advancements which, supposedly, make our lives easier, better or smarter. We all embrace these, get used to them and cannot do without them anymore. Sometimes we think back to the time before these advancements and cannot image how we lived without […]
Doing business internationally often means dealing with foreign currency (FX). This poses a risk as the exchange rate changes daily, basically every second. To mitigate this risk a company can hedge the position via FX deals (discussed in a previous article). But what are the costs of those deals to companies? […]
In an previous article I have talked about the IT changes that make life easier for a treasurer in the future (or now already). In this article I want to talk about the digital mindset of the person using the IT – the treasurer. Treasury is a numbers game. We treasurers […]
An interim treasurer is just like a normal treasurer. The difference is that he has a flexible contract and changes “jobs” more often. Assignments can be to replace the existing treasurer due to leave or sickness. This means that he gets to take an operational role and be part of the […]
Als je ondernemer bent of als financiële professional werkt in een kleine of middelgrote organisatie die geen treasurer of cash manager in dienst heeft, vraag je je wellicht af of je alle treasury taken wel goed geregeld hebt. Iemand aannemen voor deze taken gaat misschien een stap te ver. Maar dat […]
Per 13 January 2018 we have a new payments service directive (nr. 2) live in the European Union, PSD2 for short. One part of PSD2 is the possibility for banks to offer instant payments between banks in the EU. Within max 10 seconds money flows from one bank to the other, […]