For DTE Energy, the Detroit-based gas and electric utility holding company, the key to transforming itself from a low-tech shop bogged down with time-consuming manual processing and limited data access was moving everything to a single instance of SAP 5.0, its enterprise resource planning software. For DTE’s treasury, the switch meant use of SAP’s treasury, bank accounting, cash management and in-house bank modules.
First, the London interbank offered rate (commonly known as Libor) is going up. And second, the dollar’s been going down. Until mid-October, the…
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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