Treasury for Non-Treasurers: Crossing the Chasm (Part II)
Introduction In “Treasury as a Strategic Function”, we explained why Treasury matters to you, the Non-Treasurers. Later articles discussed how operational and strategic treasuries in the chasm offer limited value. Real value-add comes from strategic treasuries that have crossed the chasm. The previous article mentioned that amounts, cultures, and contexts push treasuries into the chasm….
Nicholas
How SAAS companies get burned by exchange rates
This article is a contribution from one of our content partners, Bound We 💜 finance teams from tech companies We spend a lot of time here at Bound talking with finance teams from venture-backed tech companies. Like most of the work conversations you probably have, our conversations follow a general outline like this: “Hey, Where…
Franklin
Treasury and Fintech: Collaborating for Innovation and Automation
In our dynamic finance space, Treasury departments are increasingly looking to fintech companies to drive innovation and enhance financial processes. This collaboration is not just a trend but a strategic necessity, as it offers numerous benefits, including improved efficiency, enhanced risk management, and better customer experiences. Here, we explore how Treasury departments can effectively collaborate…
Jessica
Natural Hedging Vs. Financial Hedging: Navigating Currency Volatility
This article is written by GPS Capital Markets When we talk about managing currency risk, two approaches often come up: natural hedging and financial hedging. At their foundation, they are two different strategies for tackling the same problem: protecting your business from fluctuating exchange rates. Here we’ll break them down, using some real-world scenarios to…
Treasury for Non-Treasurers: Crossing the Chasm (Part I)
Introduction We left off last week talking about the ‘The Chasm’ and saying that many treasuries end up in it. We also noted that non-treasury stakeholders won’t get material value-add unless they deal with a treasury that has crossed the chasm. It’s, therefore, worth understanding what it is and how to get out of it….
Deciphering Bank Analysis Statements: The AFP Service Codes
Transparency is critical in any relationship. Unfortunately, there is a long-standing inherent barrier to transparency in every relationship between a bank and a client, the bank analysis statement. Understanding the majority, let alone all of the charges depicted on a bank analysis statement, is difficult at best. I have personal experience with the challenges of…
Ernie Humphrey