Shared service centres (SSCs) are expanding in scope - particularly as ongoing economic challenges encourage the pursuit of cost and process inefficiencies. Citi recently hosted a Shared Service Centre Forum, bringing together market experts from a cross-section of industries to discuss the opportunities and challenges at hand. Read more ...
The re-balancing of the global business landscape is likely to be even faster and more dramatic than the shift of economic growth to emerging regions.
Companies can now begin to turn their attention to leveraging the opportunities that SEPA presents, and participate in initiatives that explore future innovations for payments and collections.
Many treasurers still see SCF as a single point solution - however, it is actually a multi-facet challenge that requires the involvement of various functions and stakeholders.
The utopia for corporate treasury is for bank connectivity and delivery channels to meld naturally with their corporation’s business model and processes. However, this is easier said than done.
Upcoming regulatory changes may place corporate treasurers in the potentially uncomfortable position of having to think differently about cash, admitting that it is indeed an asset class that requires risk-focused due diligence.
The negative effects of the recession in Europe led Eurotoll to revisit its trade credit risk management model. We speak to them about the subsequent improvements.
Over the last couple of months, companies have been preparing to comply with the EMIR reporting requirements. This article looks at the journey corporates have taken to select and implement their reporting solutions in time for the deadline - and how it is likely to evolve in the near future.
While cost has long been the main driver for companies setting up shared service centres, other strategic drivers have recently come to the fore - and Latin America has become an increasingly popular location.