Standards are a good thing for treasury departments bent on automation and efficiency, but a cascade of new standards and drawn-out migrations by various players has left treasuries in a Tower of Babel. A bank transmission to or from an ERP system or treasury workstation may no longer make sense. The more banks and internal systems involved, the worse the cacophony gets, requiring one emergency translation patch after another. Now the treasury at Toyota Financial Services (TFS) in Torrance, Calif., has solved this problem by building a solution around SWIFT Alliance Integrator for version 7 of SWIFT.
Writing expert Bryan Garner doesn't pull punches in a new book about his partnership with the late Antonin Scalia. The result is a fascinating and three-dimensional portrayal.
Despite the intangible in its name, the levy applies broadly to income.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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