Where companies fall short with cash forecasting, and how to avoid those pitfalls
This article is written by Palm Cash forecasting often takes centre stage in board meetings, strategic business discussions, and auditor reports. Having a reliable cash flow forecast model can steer the course of a business. Conversely, a neglected model can sit in a folder, unused, leaving CFOs and treasurers feeling blind and unable to make…
Franklin
Choosing the Right Banking Partners: Navigating Treasury Needs Amidst Industry Shifts
In light of HSBC’s recent structural changes, corporate treasurers worldwide are, once again, considering reassessing their banking relationship strategies. The age-old question of whether to partner with global banking giants or smaller specialized institutions has taken on new relevance. How should treasurers balance the advantages of scale against the stability and focus of smaller banking…
Bank statement fraud: how to avoid it?
This article is written by Trustpair Last year, the FBI reported that US companies lost over $6.9 billion in cybercrimes. The bulk of those? Crimes by business email compromise, bank statement fraud, and wire transfer fraud. When hackers steal your hard-earned money and financial data, it compromises your entire business operation. Businesses stand to lose much more than cash—trade secrets and…
Treasury for Non-Treasurers: Sophistication in Solvency Management (Part I)
Introduction In the last chapter, we reviewed different types of treasuries at a high level: the operational ones, internal and control-oriented, and the strategic ones, sophisticated and externally oriented to work with and support other organisational functions as well as customers and suppliers. We also reviewed tactical treasuries, neither completely operational nor entirely strategic, that…
Nicholas
HSBC’s New Organisational Structure and Implications for Corporate Treasury
HSBC’s recent announcement of a simplified organisational structure, effective from January 2025, is a significant move designed to accelerate strategic execution. By dividing its business into four main units—Hong Kong, UK, Corporate and Institutional Banking, and International Wealth and Premier Banking—HSBC is positioning itself for more focused growth and operational agility. This restructuring reflects a…
10 Years of Joint Treasury Excellence with Mann + Hummel
This article is written by TIS Payments For over a decade, MANN+HUMMEL Treasury has been using the TIS cloud platform to control their bank account management, global payments, and connectivity functions. Passing the 10-year mark in this relationship is the perfect opportunity to reflect on a journey marked by continuous technological advancement, innovation, and mutual…