COVID-19 forces a historic surge in corporate tech investment
Companies spent around US$15bn extra a week on technology during the pandemic’s first wave, but the huge surge in IT spend isn’t sustainable.
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…
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Treasury innovation at Alphabet, Dräger, and Peloton recognised by AFP
Google's parent company, a medical technology firm and a fast growing US exercise equipment company are the finalists for the AFP 2020 Pinnacle Award.
Accenture and SAP support Indorama Ventures’ digital transformation
One of the chemical industry’s largest new SAP S/4HANA implementations integrates all functions in a single system.
COVID-19 crisis has pushed treasury to the forefront
The 2020 AFP Strategic Role of Treasury Survey has found that corporates are prioritising liquidity and cash management, elevating treasury’s role.
Corporates in Europe and Americas identify Asia Pacific as priority market for international expansion
Standard Chartered research reveals expansion into new markets remain key for CFOs and treasurers, with Asia Pacific ranked top.
UK business confidence rising, but remains negative overall
Business confidence rose for the third month in a row in the latest Lloyds Bank Business Barometer.
Finance function increases prominence in measuring organisational performance
A report from PwC and the ACCA has found the use of finance insights to evaluate organisational performance is on the up.
Australian corporates pin survival on disruptive technology
As KPMG and HFS research shows accelerating digital transformation, the flash CBA Purchasing Managers’ Index reveals business activity has regressed.
UK SMEs outperform Q2 expectations
Research from Barclaycard reveals an average revenue decline of 14%, compared to a predicted drop of 28%.
The shift in finance leaders’ priorities
As the top global 100 companies start to rebound from Covid-19, payment delays are the key concern for 65% of finance leaders.
Asian corporates prioritise operational agility and flexibility in post COVID-19 world
A Standard Chartered survey finds 70% of mid-size firms prioritise operations on the road to recovery.
Economic plight dominates current CFO concerns
A PwC survey has found that the global economy and new COVID-19 wave are top of mind for CFOs.
CFOs optimistic on safety as lockdowns lift
As work sites slowly start to reopen, a PwC survey finds CFOs optimistic they can keep customers and employees safe.
Mastercard initiative to inform business and government economic response efforts
The firm's Recovery Insights tools and research aims to provide data analysis to help companies and governments bounce back from COVID-19.
CFOs and treasurers facing business confidence and interest rate pressures
Releases from both Deloitte and Bloomberg highlight the impact the crisis is having on corporates.
Treasurers not expecting financial normalcy until early 2021
Global Crisis Monitor from Treasury Coalition also shows some reasons for optimism from treasurers.
COVID-19 threatens the business of traditional tourist destinations
A Deutsche Bank report looks at the economic impact of COVID-19 on European tourist hotspots and the companies that operate there.
New BSI standards cover supply chain management, biz continuity and more
The risk and business continuity standards are designed to help UK firms not drop the baton as they deal with COVID-19.
Steep fall in Australian business activity let by services sector
Coronavirus is increasingly impacting Australian businesses, according to initial results of CBA’s monthly Purchasing Managers Index.
AFP releases Asia-Pacific Treasury Management Handbook
The book covers 12 elements of treasury management, with 15 country profiles.
Top tips for working at home productively and harmoniously
While COVID-19 is shuttering offices around the world, don't let it shut down your own productivity while working from home.
How supporting women in treasury benefits everyone
Diversity in treasury is slowly improving, to the benefit of women in the workplace and proactive organisations.
Australian business activity plunges at fastest rate on record
Subdued demand, coronavirus and bushfires behind the continued reduction in activity, finds initial results of CBA’s monthly PMI data.
Corporate treasury department efficiency: what happened in 2019 and will happen in 2020?
TIPCO’s view on how effectiveness and efficiency in the corporate treasury department is developing