The start of January is most definitely the time for bold (or not so bold) predictions for the upcoming year. In the past weeks we have seen predictions suggesting that advanced business intelligence will be the number one priority for CFOs in 2017, predictable analytics will effectively replace hedge fund managers, and that blockchain is ready to emerge as the next coming of the internet for finance – in 2017. None of these things are going to happen – in 2017, or maybe at all.
Fraud and Security
Fraud and cybercrime have been a concern for corporate treasurers for several years, and this past year showed us that there is a new risk to consider: connectivity. The stories of banks being hacked and losing millions through unauthorized payments shook the industry, since protecting payment connectivity workflows was low on the priorities list for treasury.
While unfortunate for those involved, there are valuable lessons to be learned for the rest of us in treasury:
Kyriba selected seven of the best recent articles that demonstrate how treasury professionals can be more strategic in their thinking, often with the help of effective policies, payments workflows, and technology. To save you some time sorting through the abyss of information, Kyriba selected these treasury management articles which provide beneficial insights to treasury, cash and risk management professionals world-wide.