Working capital is a hot topic among corporates, as companies seek to unlock billions of dollars of capital. Early working capital initiative typically include three common practices: Shortening customer terms, or collecting overdue payments faster. Lengthening vendor terms to delay payments. Reductions in inventory to match declining sales. Initiating these types of changes often [...]
This broad area of finance involves the collection, handling and usage of cash - and is part of the number one role of a treasury professional. Companies must maximize the treasury and payment operations of the organization as this is a key component in ensuring a company's financial stability and solvency.
Dr. Matthew Hill, CTP, FP&A | Assistant Professor of Finance Jim Washam, PhD, CTP, FP&A | Associate Dean & Director of Undergraduate Programs College of Business at Arkansas State University AState.edu It was announced earlier in 2015 that Arkansas State University’s College of Business has established a Center for Treasury Management. What is the [...]
Did you know that the planned Real Time Retail Payments Systems (RT-RPS) systems for Brazil, Poland, Sweden, Singapore, Denmark, Australia, and Japan will all use ISO 20022 XML standards? Other countries that have already adopted RT-RPS systems such as South Africa, China, and Switzerland also plan to adopt ISO 20022. Why are so many countries [...]
Does your SAP bank master data include the countries of China, Japan, Russia and/or Brazil? If so, you'll want to register for this upcoming webinar presented by our own Amber Christian and Sarkis Akmakjian, senior director, product management from Accuity Inc. It is an ASUG event on March 9 at 10 a.m. Central. This webcast [...]
Ace has teamed up with The Strategic Treasury Exchange to conduct ground-breaking research so we may better understand the way Treasurers, CFOs, banks, asset managers and solution providers engage with each other. We invite top-level representatives (from each group) to participate in the survey so we may collate the results & report the insights. Data [...]