Treasury Management Systems Insights
7th August 2017
Last year, Wells Fargo surveyed CFOs and treasury executives and more half (55 percent) of the respondents identified foreign exchange (FX) as a primary concern.
This concern stems – at least in part – from the fact that most CFOs now operate in environments where their MBOs (management objectives) are directly tied to corporate... read more
4th August 2017
Everything you want to know about blockchain but were too afraid to ask
Alara Basul, Reporter, bobsguide
Blockchain has created a huge amount of buzz in the financial services industry since its official debut into the market in 2009. The question of when blockchain will go mainstream is yet to be answered, but there is constant... read more
28th July 2017
bob’s guide to treasury management systems: How financial professionals can prepare for GDPR
Leonie Mercedes - Reporter, bobsguide
The penalties for non-compliance of GDPR are high: any breaches incur a maximum penalty of 4% of the organisation’s global annual turnover, or €20m, whichever is more. But many studies... read more
24th July 2017
Right time, right place?
The EU Tax Barriers Business Advisory Group (TBBAG) calculated in 2013 that annually, roughly €5.47bn in recoverable tax is retained by EU tax authorities. That figure has continued to climb as investors increasingly diversify their portfolios across a wider selection of asset classes and markets. In recent years,... read more
21st July 2017
About to invest in a new system? Read this first
We launched a survey among bobsguide readers who are in the process of procuring a treasury management system, or have worked with vendors to implement one.
Here we share the findings from the survey, and explore the issues it has uncovered with the aim of helping you with the TMS... read more
19th July 2017
The specific challenges of the corporate treasury have been sheltered from the impact of the fintech revolution until now. As the results from a new survey of finance and treasury teams reveal, businesses of all sizes are increasingly keen to understand how they can re-unite isolated pools of data distributed throughout the enterprise to drive... read more
17th July 2017
Intercompany position keeping is a simple activity. One entity lends money to another entity and charges interest on it. Simple, right? ....WRONG.
If your Treasury department is managing unstructured intercompany debt then you will be familiar with much of the following problems when managing the positions:
a) If... read more
29th June 2017
So far in the bob’s guide to treasury management systems series, we’ve looked at how organisations can determine whether they need a TMS, the kinds of systems that are available, and what treasury professionals should consider before making their selection. Now it’s time for the nitty gritty – implementation.
As... read more
22nd June 2017
After months of research and consultation with treasury technology experts, bobsguide has identified four main stages of treasury management system selection and implementation, which we introduced last week:
1. Assemble your team
2. Settle on the system requirements
3. Meet with the vendors, and test the systems
4. Make your selection, and... read more
15th June 2017
So you’ve decided that it’s time to invest in a new treasury management system. What now?
Investing a great deal of money into new technology, and implementing the system in a process that could take up to 18 months is a daunting prospect, made worse by the fact that it’s likely no one within the business would have undertaken... read more