Effectively managing bank fees is crucial for optimizing treasury processes and saving costs. In this article, we’ll delve into the significance of bank fee analysis, shedding light on its benefits and practical implementation. This process not only enhances transparency, but also empowers your organization during negotiations with banks. Understanding Bank Fees Bank fees are charges […]
Financial agility is a top priority for businesses of all sizes, as it directly impacts their ability to navigate risks and make quick, strategic decisions. An integral aspect of this financial preparedness is liquidity management. In this article, we will highlight the importance of liquidity management strategies and explore key objectives, risks, and effective ways […]
Strategic Treasurer, in partnership with GTreasury, has released the 2023 Treasury Technology Analyst Report. The 2023 Treasury Technology Analyst Report serves as a definitive guide for thoughtful financial stewardship in the digital age, aiding practitioners in exploring how treasury technology meets treasury needs. The report delves into technology trends for this year and beyond, current market […]
In today’s fast-paced financial landscape, efficiently managing your company’s cash flow and liquidity is crucial to its success. To optimize your cash flow, you need the right tools to provide you with updated data to help you make informed decisions. One such tool that has gained widespread acclaim is GTreasury’s cash positioning solution. In this […]
Cash flow visibility is a challenge for treasury teams, and it plays a big role in accurate cash forecasting and strategic decision-making. This article will delve into the importance of cash flow visibility, explore strategies to improve visibility within your business, and highlight the benefits of having a clear understanding of your organization’s cash position. […]
Cash flow forecasting offers a window into the future to help organizations exercise greater control over their cash flows, and businesses should utilize short, medium, and long-term cash forecasting to ensure financial stability. However, various challenges can often hinder accurate cash flow predictions, which can lead to cash shortages and inefficient use of cash surpluses. […]
What is Cash Visibility? Cash visibility refers to the real-time monitoring, analysis, and forecasting of an organization’s cash position. Managing the available cash across different accounts and entities allows treasurers to optimize cash utilization, minimize idle cash, and ensure timely financial obligations. Accurate cash visibility also allows better management of working capital, optimization of investments, […]
Navigating the complexities of high-level finance can be daunting when dealing with multiple banks, parties, platforms, currencies, companies, and more. Payment reconciliation solutions are designed to simplify payment and record-keeping processes and eliminate inconsistencies from invoices, loans, and deposits that require meticulous balancing and reconciliation. How Do I Know if I Need Payment Reconciliation Software? […]
Making informed decisions is the key to success in finance. Strategic planning and decision-making are vital for ensuring scalability and sustainability. However, a lack of visibility into the future often hinders these decisions, impeding progress. To overcome this challenge, cash flow forecasting plays a pivotal role. In this article, we will delve into the intricacies […]
A payment hub is the central location where payment streams in an organization come together, offering a unified and streamlined approach to payment processing. This article delves into the concept of payment hubs, emphasizing the importance of understanding payment hubs and the benefits of implementing a payment hub solution like a treasury and risk management […]
Treasury risk management stands as a cornerstone for preserving an organization’s financial health and ensuring its long-term success. But what exactly is treasury risk management, and how can treasurers effectively navigate the intricacies of risk? This comprehensive guide explores the core concepts of treasury risk management, the critical role played by treasurers, types of treasury […]
Treasury management is the keystone of financial stability for corporates. It involves many activities and moving parts, from cash flow management to risk mitigation. In this article, we’ll explore treasury management in-depth, with a focus on the essential tools that can help you bolster your treasury management strategy. What is Treasury Management? Treasury management is […]
Amidst critical levels of economic volatility, flexible and nimble financial management is more important than ever. A Treasury and Risk Management System (TRMS) can be a game-changer in this arena, providing businesses with a singular platform to streamline and optimize their treasury and financial operations. Let’s explore why your business might need a TMS, the […]
Effective management of a company’s financial resources is a crucial component of success. This financial stewardship falls on Treasury Management, a critical function that goes beyond just cash flow. Treasury management is the strategic orchestration of a company’s assets, liabilities, and cash flows, integrating many critical functions. From optimizing liquidity and mitigating financial risks to […]
We are so excited to feature Betsy Loehr as our Employee Spotlight for the month of November! Read below to discover more about Betsy, her professional journey, and what makes her successful. Q: What do you believe are your key strengths? A: My strengths are maintaining a positive attitude and keeping things in perspective. I’m really motivated […]