Precedent can count for a lot when it comes to treasury practice but just because it’s always been done that way doesn’t mean you can’t shake things up. We look at best practice in working capital management.
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
Automating workaday tasks costs money in the short term and saves money in the long term. Justifying the outlay to a sceptical board must be part of the treasurer’s skill set.
Ex-Berkshire Hathaway man, a fluent mandarin speaker, will take the helm of the firm's finance team aged just 29. He'll help navigate the choppy waters of industry consolidation.
Leasing arrangements have long been an off-balance-sheet bugbear for corporate treasurers. IFRS 16 – which comes into force in 2019 – is intended to change all that.
Increasingly, treasurers rely on internal and external systems, and large corporations have expensive, automated TMS. At its heart however is the idea that information means business.
In managing a world of suppliers, the Australian conglomerate has a platform that allows it to play its banks like it’s conducting an orchestra. Group treasurer Cliff Allison explains.
Could a lull in corporate cash accumulation mean treasurers are on the cusp of a big spend? A survey indicates corporates are reaching for their wallets.
A British company's high-profile collapse raises a question for all financial directors – when should you blow the whistle, how hard should you blow it and when is it time to declare it fatal?