Has SEPA been a failure? TMI's Editor thinks not - but it has not (yet) been an unmitigated success either. Perhaps the SEPA migration deadline is really the beginning and many of the potential achievements of a harmonised payments landscape are still to be realised. Read more ...
The collapse of the US property market in 2007-8 had major implications for the construction firm Lennox. It made the improvement of accounts receivable performance a top priority, whilst also enhancing customer relations and developing a closer dialogue with higher-risk customers.
Treasurers in Asia still have some work to do in the areas of systems, processes and people to transform the treasury in order to add more value to the business.
Escrow services have a crucial role to play in helping multinationals to manage risk as they increase their business activities in Latin America.
With SWIFT now a well established communication solution for multi-banked corporations, the Corporate Forum retains the pioneering and innovative spirit of the early years, but now covers a far wider range of issues with which treasurers are occupied.
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.
Sarah-Jane Chilver-Stainer, Group Treasurer of GSK, talks about her career in treasury so far and shares some insights that all finance professionals can benefit from.
In 2006, Wolseley made the decision to implement a treasury management system (TMS), which was followed in 2008 by automated confirmation matching. These provided a platform to develop more sophisticated treasury strategies and support the evolving needs of the business more effectively.
Three types of upcoming change are likely to have a substantial impact on the tax landscape and therefore businesses’ commercial operations - including treasury functions. It is vital for treasury teams to be prepared.