Treasury Management

Article

Canada and the U.S. Managing Cash Across the Border

Companies that operate in Canada, whether Canadian or from the U.S., are changing how they manage their treasury operations. With global banks responding to these changes by offering solutions to facilitate more efficient cash flows, companies may use this opportunity to rationalize domestic versus regional treasury operations.

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TMI

Making the Move from Paper to Electronic Payments

Companies have much to gain by making the move from paper to electronic payments, whether it's by using the ACH network, initiating wire payments or implementing a commercial card program. Whatever the channel, before embarking on an electronic migration project, companies should take the time to understand all of the potential benefits, set realistic goals, and identify the possible–but often avoidable–obstacles. Engaging a third party provider early in the process can help with the more challenging aspects of the exercise.

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TMI

Business Continuity Planning

Business Continuity Planning (BCP) is the process used by companies to prepare for a wide range of disruptions before they happen, enabling the enterprise to resume normal operations as quickly as possible. This article, part of the TMI North America Supplement, explains the importance of BCP for treasury organizations and outlines the four stages involved in developing a new, or refreshing an existing, continuity plan.

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gtnews

The Key to Unlocking Asia

The pace of regulatory liberalisation of currencies and rules is quickening in Asia Pacific, with reform of the renminbi (RMB) in China in particular, opening the way for integration into regional and global treasury and liquidity structures, potentially lessening the occurrences of trapped cash.

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Article

Make Your Technology – Along With Your Payments Bank – Work for You

Used effectively, technology can help a company to understand and minimize potential risks, such as the impact of currency risks on the business, while protecting supply chains. It can also be used to generate detailed payments information at critical junctures early in the process. However, technology is costly and takes time to implement; therefore companies should educate themselves on the choices available and understand the imperative of strong coordination between their payments bank and technology provider.

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White Paper

Building Treasury's Influence

Treasury processes touch many functions across an organization — but all too often, leaders in other departments may have a limited understanding of how treasury can help them further their goals and inform their strategic decisions. By working to develop business relationships with their peers across the company, treasurers can enhance their profile, improve their understanding of treasury's role across the organization, increase their involvement in company-wide projects — and gain a seat at the decision-makers' table.

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Article

The Liquidity Risk Toolbox

Liquidity risk is now considered the ‘new norm' in day-to-day treasury management and remains a top concern for global corporations. What exactly is liquidity risk and how can treasurers better manage it? In today's challenging risk environment, treasurers are finding that simplicity is the best policy, and the key to protecting a company's cash flow lies in the rigorous use of tried and tested cash management tools.
This article was originally published within the Euromoney Foreign Exchange & Treasury Management Handbook 2013. Please visit www.euromoney-yearbooks.com for further information.

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Article

2013 Year Ahead Market Outlook

Paul Simpson, Head of Global Transaction Services, discusses 2013 growth opportunities and the importance of connecting with clients in light of continued market uncertainty facing the European and U.S. economies. Discover how the bank is working with clients on SEPA compliance and which regions present the greatest opportunities for growth.

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White Paper

Seat at the table

Becoming more strategic and valued within the organization — and gaining a seat at the table — is a key priority for treasurers. One way for treasury to achieve this is to expand its purview while enhancing performance around its own core functions. Taking a holistic approach to working capital management, and optimizing the processes that drive cash flow — in partnership with your Shared Services Center (SSC) — can be a winning strategy for achieving this goal.

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Article

Managing Treasury Globally: Breaking the Mold

When is a global company not a global company? When it seeks to impose its existing treasury structure, processes and cultural practices on its international operations without taking regional differences into account. Replicating a model that works well domestically might seem like a logical approach — but by doing so, companies may inadvertently introduce inefficiency and complexity while missing the opportunity to take advantage of best practice in local markets.

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Article

The Evolution of Relationship Banking

Relationships between corporates and their banks have never been more important, but they have also changed beyond recognition in recent years. In this interview, Paul Simpson describes how relationships between corporates and their banks have developed, and how these are continuing to change in the present climate

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Article

Managing Liquidity Globally: Mission Impossible?

Companies are increasingly shifting away from a domestic or regional approach to liquidity management and many are aiming to build a global liquidity overlay structure. But domestic and regional variations in regulation, tax and local practices can make it difficult, if not impossible, to approach liquidity management consistently in every market. Is true global liquidity management a realistic goal?

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Webcast

Education Begins with You: Simple Strategies to Help You Mitigate Fraud in Your Company

Although risk management has always been part of a treasurer's job description, changes in the economic landscape have amplified the need to focus on combating internal and external payments fraud.

The Collaboration Effect: CashPro® Advisory Board Turns Client Insights into Competitive Advantages

For the past eight nine years, treasury executives from more than two dozen companies nationwide have gathered semiannually in Chicago to play a uniquely hands-on role in shaping the financial tools they count on from Bank of America Merrill Lynch every day. As members of the CashPro® Advisory Board, these companies have become major contributors — and stakeholders — in the dramatic evolution of what was once a burgeoning online treasury management system into a highly advanced global platform providing single sign-on access to their full range of banking capabilities. The collaboration has led to big ideas, better implementation and a client-centric CashPro® Online experience that produces competitive advantages for the bank and its clients.

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