After recent news from JP Morgan – that it is launching its own dollar-pegged ”cryptocurrency” in a trial to radically boost administrative efficiencies – experts question the relevance of blockchain-enabled payments framework Ripple.
Real-time gross settlement and continuous reconciliation are among the possible gains to treasurers from DLT-enabled solutions going forward. A Finextra blogger runs through a list of practical possibilities that are now becoming available.
Around a quarter of organizations are completely unprepared to work with non-traditional vendors. This is one of the main findings of this year’s issue of the AFP Risk Survey.
Infinite possibilites have become one of the hurdles to putting up a solution for cash flow forecasting. The Global Treasurer gives you a guide on how to jump it.
Digital can also equal inefficiency. A group of experts were gathered to discuss the opportunities and challenges with automation. "One of the pillars is just starting to feel a bit shakey."
Simplify, standardize and automate is the mantra of Niko Ratala, the regional financial controller at Rolls Royce PLC, as he's improving their treasury functions.
By partnering with Cashforce, a ‘next-generation’ cash forecasting and treasury management they can provide cash visibility to multinational corporates worldwide.
"It’s already making banking simpler for many of our clients, and this ease of use will grow further as we integrate more countries", states David Farrow, Head of International Corporate Banking at Barclays.