Recent surveys reveal that around one third of SSCs have consistently been able to deliver 10% year-on-year savings over an extended period, suggesting that there is a substantial number of SSCs that need to adapt and seek opportunities in order to find new ways of delivering continued value.
Companies across a wide range of industries are increasingly recognising Latin America as a growth region with extraordinary potential - but the region brings some unique challenges, including changing regulatory, tax and political conditions and rising costs.
Although Bonduelle is smaller than some of the corporations that regularly appear in the treasury media, the company have been able to achieve comparable levels of efficiency, control and automation - and therefore enhance the value delivered to the business.
We all firmly believe that the treasurer’s job has changed over these last five years. However it looks as if we are moving into a new phase of change and evolution for the job, a phase tinged with shades of grey.
Richard Jaggard, Standard Chartered Bank, talks to us about growth strategies for treasurers, cash management and liquidity trends, and the growing interest of multinational corporations in RMB.
Is 2013 the year everything changes? While the economic challenges are far from over, proactive corporates are also sensing the opportunities afforded by the new landscape.
Few companies can afford to ignore the opportunities for both sourcing and sales that China represents - but be ready for the differences in daily cash and treasury processes.