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Operations

Background
The large majority of the work in a corporate treasury department is administration, transaction processing and non-discretionary decision making. This absorbs most of the time and resources in the department as the chart below shows. Balance of Time and Resources Employed in the Corporate Treasury Department… Read more about Operations

Sub sections: Best Practices & Benchmarking in Operations; Control & Compliance in Operations; Operational Risk Management; Outsourcing Cash & Treasury Management Operations; Shared Service Centre Operations

AI use rises as businesses embrace augmented intelligence

21st Jan 2019 by Bija Knowles

More than a third of organisations have implemented artificial intelligence in some form, according to a survey by Gartner

Checklist

Developing case for and implementing a global treasury centre in Netherlands

21st Jan 2019 by Christoph Nelischer, Advisory Board Member, Complex Countries

Define scope; review the possible triggers; evaluate whether the advantages apply to your organisation; and then ensure maximisation of

5 ways to position finance as a strategic business partner

17th Jan 2019 by Bija Knowles

Financial executives are too often excluded from strategic decision-making and not perceived as strategic partners

5 compliance trends to look out for in 2019

15th Jan 2019 by Bija Knowles

Compliance trends and milestones for larger corporates – according to financial crime and fraud solutions company NorthRow

What will financial reporting look like in five years?

10th Jan 2019 by Bija Knowles

From machine learning to real-time data and increased digital interaction, financial reporting is about to become unrecognisable

Bad financial decisions cost firms more than 3% of profits

8th Jan 2019 by Bija Knowles

Bad decision-making by management is denting profits by more than three per cent, according to a recent study by Gartner

10 shifts in treasury and payments in 2019 and beyond

13th Dec 2018 by Bija Knowles

East & Partners predict ESG disclosures will be the norm, FX risk management is increasingly strategic and trade finance to go digital

70% of tax professionals delay Making Tax Digital For VAT

11th Dec 2018 by Bija Knowles

The UK's digital tax initiative, Making Tax Digital for VAT, could fall flat as finance teams unsure on technology and process changes

Bank tech outages up 138% but cyberattack not main threat

28th Nov 2018 by Bija Knowles

Over-confidence in change management is main cause of financial services IT outages according to the Financial Conduct Authority

Improved use of technology will ease taxpayer compliance

21st Nov 2018 by Bija Knowles

Better tax software, real-time reporting and data analytics are transforming tax compliance but little progress in global average

AI, Cloud, RPA can cut up to 35% off finance costs

20th Nov 2018 by Bija Knowles

Digital technologies can reduce the cost of financial processes within large organisations, making them leaner and more cost effective

3 critical stages for implementing financial automation

19th Nov 2018 by Bija Knowles

Robotic process automation promises to speed up and automate financial processes but avoid these three critical points of failure

Reporting on sustainability factors just got easier

9th Nov 2018 by Bija Knowles

The SASB has codified the first industry-specific sustainability accounting standards covering 77 industries

Solving the oncoming treasury department staffing crisis and ……

6th Nov 2018 by Jack Large

How can corporate treasury departments generate respect?

US CFOs admit that they are not prioritising treasury management

31st Oct 2018 by Jack Large

Survey is an indictment of corporate treasury profession, including treasury associations, who have failed to sell themselves to CFO

Banks with last-century business models face failure by 2030

30th Oct 2018 by Bija Knowles

Digital era will make most heritage banks “irrelevant” and 80% will become obsolete due to digitalisation in the next 12 years

Corporate treasury department staffing crisis is coming

30th Oct 2018 by Jack Large

Automation & sophistication are driving corporate treasury departments to dangerous point as downsize; scope NOT size is the key factor

Non-financial, environmental reporting gains momentum

29th Oct 2018 by Bija Knowles

European financial markets authorities are shining a spotlight on non-financial, environmental disclosures in annual statements

Treasury Leaders Summit: Six panels not to miss

26th Oct 2018 by CTMfile

The themes of the summit include treasury transformation, evolving treasury technology and the role of the corporate treasurer

Forward-thinking regulation: catalyst for banking transformation?

22nd Oct 2018 by Jack Large

DB white paper concludes that all the financial services industry needs to do is to “attain a threshold level of alignment across juris