Treasury & Risk magazine September 2007
Cover Story
The Ins and Outs of Insourcing
Finance executives are starting to choose a new staffing model to plug the holes in their department's skill set: bringing highly skilled outsiders into the organization to work alongside their core staff on a project basis. The result? Better control
Features
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Treasurers Turn the Tables on Banks
The mantra at treasuries today is, "One format, one pipe" to make payments anywhere on the globe, and banks and treasury technology companies are trying their best to comply
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As the World Turns, So Do the Exchanges
Market consolidation from Dubai to Denmark may mean more liquidity and less volatility
Surveys
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Treasury & Risk's 2007 Cash Management Survey
Although corporate treasuries generally give good grades to their banks, especially in such areas as domestic wire transfers, balance reporting and online access, some services clearly need improvement.
Washington Update
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The Fuss Over FAS Heats Up
The clamor may be dying down following the latest Sarbanes-Oxley (SOX) guidance, but debate over what many see as excessively complex and costly U.S. financial reporting procedures persists in less boisterous tones.
News Briefs
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Lots of Cash, Little Faith
Finance executives are jittery. That's no surprise considering the subprime meltdown.
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Give 'Em A Tax Break?
As if things weren't already tough enough for hedge funds and private equity firms, what with liquidity drying up faster than you can say Death Valley in the face of the subprime meltdown, yet another congressman is proposing yet another commission to study the impact of these funds on the...
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A Way to Live Long And Large
Given the potential for many baby boomers to outlive their retirement savings, companies should consider adding annuities to 401(k) plans, according to a recent report by Watson Wyatt Investment Consulting.
Q&A
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Taking a Long View
Martin Mannion of Summit partners talks about the potential role for private equity as outside advisors with skin in the game
Governance & Accounting
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Know Your Clauses
Staying on the right side of a contract is a central governance issue for finance and legal at major corporations. Open Text now offers a tool that creates a contract and then helps you live up to it
Retirement & Benefits
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Making Health Pay Off
When it comes to wellness programs, money talks. And now that the the rules governing cash incentives have been clarified, a growing number of companies are making offers few employees can refuse
Risk Management
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Filling in a Big Gap
FiREapps is slated to release a new version of its foreign exchange management tool in September that addresses a treasurer's need to forecast FX exposures months, and even years, out
Tools & Technology
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Quality Time for Data
Distress over data quality and information integrity has jumped to the top of the list of IT concerns for the CFO, as companies recognize the impact that data quality has on shareholder value
Treasury Management
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EIPP Illuminated
Corporate resistance to EIPP is fading as CFOs recognize its value and vendors rise to the occasion. Now, companies can receive up to 95% of invoices electronically regardless of how they are delivered
Profile
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Finding a Smart Mix
Schlumberger CFO Simon Ayat makes the case that a global company should be a blend of centralized and decentralized activities
People on the Move
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Careers
Cisco Systems Inc., the $28.5 billion networking equipment producer based in San Jose, Calif., has appointed Frank Calderoni CFO. Calderoni, the former senior vice president ...
Editor's Desk
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Editor's Letter
After six years as editorial director of Treasury & Risk, there are days when you feel like you've heard it all. Vendors promising this or ...
Final Word
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Don't Blame the Tool
ERP Implementations are always time-consuming, but they can prove less frustrating with a well-conceived process and experienced team













