Salmon Software Limited

As companies adjust to remote working and unprecedented drops in revenue, cash management becomes the chief concern for business continuity, says John Byrne, owner and CEO, Salmon Software. Effective cash management is reliant on strong treasury management systems (TMS) with a focus on data integration and automation of services. ...

SEGRO is a UK Real Estate Investment Trust (REIT), and a leading owner, manager and developer of modern warehouses and light industrial property. It is the largest listed pan-European warehouse owner and developer. The group owns or manages eight million square metres of space (86 million square feet) valued at £12.2bn serving customers...

Though there is no doubt that the London Interbank Offered Rate (Libor) is expected to cease by the end of 2021, many in the industry are still trying to get their heads around some of the calculations for the alternative - the Sterling Overnight Index Average (Sonia). Since 2017, the UK’s Financial Conduct Authority have spoken about the...

Although firms have become wary of risks and significant costs as they begin to prepare for the transition from the London Interbank Offered Rate (Libor) to the Sterling Overnight Interbank Average Rate (Sonia) as the benchmark interest rate, the process of moving to the new rate doesn’t have to be as strenuous as many believe. That’s...

With revenues doubling and rapid expansion leading to an increase from 16 to 36 global business units, Dechra Pharmaceuticals faced a major challenge in managing its cash and treasury operations across the group. In this case study, Dechra’s group treasurer Steve Card explains how they met the challenge. The company Dechra is an...

Predicting the future of any endeavour is difficult. Many areas of research and development are being carried out  by different players. Such is the disruption caused, that this is already impacting on how many businesses operate - or even survive. Treasury is no different. It too is having its future shaped by advances in other areas. On a...

Software development is one of those occupations that has no ending. There is never a point in time where you can sit back, look at your work and say: “Well I’m glad that’s finished." The reason is that development never ends because the rate of change and new demands are accelerating. It is fascinating to observe the...

As a corporate treasurer, do you have a TMS? When did you implement it? Was it a success? Were you happy with the outcome? Are you still happy with your choice? Will it serve you into the future? Did it cost you more than you expected and above the original quotation? After implementation, are you still using spreadsheets...

Most articles on the topic of TMS selection are written by consultants offering their take on the Do’s and Don’ts of process. Then you have articles offering the experience of Corporate Treasurers. These insights can be very useful if you are a Corporate Treasurer looking to select a successful TMS. However, as a vendor, we see all...

Cash Management is a term used in everyday parlance by Corporate Treasurers, CFOs and other senior financial people in most medium to larger organisations. Generally speaking they all use the term in the same context and many accompany it with the term Cash Forecasting. So, Cash Management and Cash Forecasting are activities that are now very...