Contributor: Kurt Vandebroek

When it comes to traditional bank account management, most treasury professionals waste too much time on manual, labor intensive tasks. Time spent chasing paper forms, tracking progress and sending reminders could be much better spent on more important tasks. Additionally, treasury professionals have the added burden of complying with FBAR regulations. Even though the US Department of Treasury has delayed enforcement of FBAR regulations until June 2013, many corporations are already preparing.... read more