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Stepping out of its traditional role, Cisco’s treasury put the company’s TelePresence video meeting technology to work in a pilot project to keep finance staff off the road, whacking 90% out of the department’s travel budget. Treasury’s use of the technology helped strengthen its banking relationships and let finance staff cross-train by enabling them to lead their teams while working in a different location, says assistant treasurer Greg Bromberger.
The acceleration of technological innovation is propelling the benefit carousel faster each year, making it challenging for many brokers and employers to keep up with changes and new products in the market.
EU negotiators reached a deal on legislation to inspect and demand changes at foreign firms that fail to meet the bloc’s oversight standards.
CFO and CEO of London-based Rio Tinto are charged with falsely inflating asset valuations; SEC seeks civil penalties and to bar the men from serving on corporate boards.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
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