In the current uncertain economic conditions, treasuries want quicker availability on incoming payments and are optimizing processes just as recent technology innovations are helping to boost availability and re-launch lockbox services.
Textron partnered with FXpress which partnered with Bancbridge and so on down the line to integrate best-of-breed technology into a state-of-the-art treasury system.
Applying ERM principles to managing supply lines that often stretch around the world allows companies to prioritize risks and establish action plans to respond.
In uncertain times where even the Fed is taking unprecedented steps in efforts to jump-start the economy, finance executives need help. In this and two following stories, economists weigh in on credit risk, global inflation and profit potential.
With consumers now cutting back on purchases, causing pain throughout the economy, corporate bankruptcies are on the rise. Companies need to use hedging tools now more than ever.