Focus of corporate treasury department AND structure is changing
The focus of the corporate treasury department is changing. This was summed up by Philips' Gary Throup excellent presentation
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…
Read moreTake care with SaaS Deals, it’s not necessarily all goods news. They need policing and a plan if pro
Software-as-a-Service (SaaS) can seem attractive - low upfront costs, ease of implementation, transfer of application-support work and costs from customer to provider, and
Process Mapping = never forget how to do a transaction and constant audit
The problem with repetitive tasks, particularly with complicated transactions, is that you forget how to do them after a holiday or if you only carry them out occasionally.
UPS’s four pillars of operational success in corporate treasury
Ernie Caballero's - Vice President Eurasia Treasury and M&A at UPS - standout presentation at BNP Paribas's 4th Cash Management University contained one slide