Many organizations are still challenged by decentralized treasury operations or a lack of standardized processes and manual environments. I thought I would share best practices of a global company with a treasury department that was decentralized but moved to a centralized environment with three regional offices in the US, Europe, and Asia-Pacific. Prior to centralizing, [...]
Posts Tagged: cash forecasting
Five Tips For Corporations Evaluating An eBAM Solution
Evaluating the merits of an eBAM solution depends upon the specific problems that a corporation is trying to solve. These can vary between companies depending upon the maturity of the processes and solution that they have in place already. With that in mind, here are five tips that corporations can consider when evaluating eBam solutions. [...]
Insights on eBAM
Q&A with Andrew Ross, vp, product management, treasury solutions, SunGard’s AvantGard about his insights on eBAM… Corporate treasuries have been on the path to eBAM (electronic bank account management) for a couple of years now. Where are they (as well as banks) when it comes to eBAM adoption? The first thing to say, is that we can [...]
FINANCIAL RISK MANAGEMENT IN TREASURY: PART III
Risk Measurement Methods… In Part I of my Financial Risk Management in Treasury blog series I discussed mitigating, identifying and defining financial risk. In Part II, I described various types of risk. In Part III, I will discuss financial risk measurement methods. A majority of respondents in a recent SunGard AvantGard study* utilize mark-to-market revaluation [...]
Collection Risk Modeling and Its Role in Cash Forecasting
Collection risk modeling and its role in cash forecasting was debated this past week at EuroFinance in Monaco during a panel staffed by Joe Prudente Vice President of Worldwide Credit at Future Electronics; Chris Shier, Head of Credit Management at Lafarge UK; and Enrico Camerinelli, senior analyst at the Aite Group. I moderated this panel where we discussed the [...]
Protecting Against Corporate Volatility Risk
According to a recent SunGard and Economist Intelligence Unit survey, institutions need a firmer grasp on volatility. For corporations, this fact is heightened by the tumult in the Eurozone. Volatility in global markets, and in particular, the debt crisis in the eurozone has placed many corporations at greater risk, and in particular FX risk. “Vulnerability [...]