Risk Management

Risk management is the identification, assessment, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.

Can you afford to run your treasury on spreadsheets?

Spreadsheets

Spreadsheets may be the financial team's trusty old friend, but just because they're cheap doesn't mean that they're the best option for managing treasury. From both an efficiency standpoint and also the level of risk that spreadsheets bring into an organization, it may be time to reduce your dependency on them and adopt a dedicated treasury management system.

Tim Wheatcroft
May 30, 2014

What is a Payments Hub – and Why Do I Need One?

Payments Hub

According to a recent WEX Worldwide survey commented on by Treasury Today – 52 percent of organizations admit to being victims of payments fraud. Many times treasury is directly affected, because their payments were compromised, while other times, the treasurer is pulled into the conversation to fix whatever vulnerability was exploited for someone else’s payment.

Bob Stark
December 6, 2018

How Financial Technology Can Mitigate Compliance Burdens

How Financial Technology Can Mitigate Compliance Burdens

UK finance chiefs and treasury teams are navigating impending regulatory compliance issues as well as the uncertainty of complex Brexit scenarios. Understanding the implications of key regulations will be helpful to build a compliance strategy. While some compliance burdens are directly related to banks, the knock-on effect is that corporates are not able to readily access cash. Additionally, organizations who are reliant on spreadsheets to manage their compliance obligations are too lean to deliver critical decision support to help reach growth objectives.  

Alex Wolff
November 29, 2018

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