Sunshine in the Cloud

Leading footwear company Geox have embarked on an ambitious project to rationalise and streamline cash management processes, bank relationships and connectivity.

Without real-time monitoring of payment processes, many companies fail to discover missing cash until the end of the month - often leading to severe consequences.

Many treasurers are involved in mergers and acquisitions (M&A) and have experienced the challenges of either carving out or integrating treasuries. During a popular session at the EACT Summit, three senior treasury practitioners shared their contrasting M&A experiences.

A recent HSBC study revealed some interesting trends amongst technology, media and telecom (TMT) corporations that are relevant both for companies within the sector, but also a wider group of corporate participants who demonstrate similar characteristics in liquidity and investment management.

Working capital management has emerged as one of the most important priorities for treasurers over recent years and working capital improvement initiatives have become vital to drive shareholder value.

Jean-Marc Servat, Chair, EACT reflects on his treasury career to date in conversation with Helen Sanders, Editor and offers advice to treasurers at the start of their careers.