Staying a step ahead of the cybercriminals is increasingly tough. But as guardians of the company’s cash, and with access to highly sensitive data, treasurers can no longer hide behind the IT department when it comes to cybersecurity and fraud.
Treasurers are constantly challenged to be more efficient and innovative in driving forward the treasury strategies that are aligned with the underlying business, supporting working capital goals and embracing new technologies. But how best for companies to thrive in this age of disruption?
Is spending tens of thousands on a vendor solution to compute Cash-Flow-at-Risk really necessary? Vincent Delort, Japan Tobacco International, proves that a low-cost, in-house solution using Excel can be just as effective – including the precise Excel formulae used.