Bob Stark's blog

Bob Stark, vice president of strategy

photo of Bob Stark

Bob has 18 years’ experience in treasury technology, working for many of the best known technology providers in the industry. As VP of Strategy at Kyriba, Bob is responsible for global product strategy and market development, and works with clients, partners, and industry influencers to ensure Kyriba is at the forefront of treasury technology. Bob has provided treasury management strategy to some of the world’s largest companies, and is a frequent speaker and author on treasury, risk management, and the cloud. If it’s worth knowing about in the treasury, you can assume he knows it.

Interest Rates, APIs & Data Visualization: Six Treasury Predictions for 2019

Interest Rates, APIs & Data Visualization: Six Treasury Predictions for 2019

In the final month of 2018, as news of market volatility, losses from fraud, and pressure for accelerated profits from shareholders continues to challenge treasury professionals, it is tempting to look forward at what treasury trends and innovations we can expect to improve outcomes in 2019. The demand for digital transformation is driving new strategic opportunities and tactical challenges for treasury. While there are many possibilities to consider, I predict the following for 2019:

Interest Rates

Bob Stark
December 13, 2018

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

5 Ways In-House Bank Connectivity Increases Risk and Cost

5 Ways In-House Bank Connectivity Increases Risk and Cost

Making payments is generally an expensive process for large organizations, in terms of both time and money. The process tends to be particularly expensive when an organization has its own in-house bank connectivity for connecting its payment systems to its bank – connectivity that is maintained either by its own internal IT function or by an external consultancy.

Bob Stark
November 27, 2018

Top Six Treasury Trends at AFP 2018

Kyriba Top 6 Treasury Trends at AFP 2018 Chicago

According to the Association of Financial Professionals (AFP), this year’s national conference was the largest AFP event in its 15 years, attracting more than 6,200 attendees to the fine city of Chicago. In addition to the record attendance, a wealth of new ideas and best practices were shared, arming practitioners with new treasury perspectives to employ the moment they return to the office.

Bob Stark
November 8, 2018

Why Does Treasury Care About Lease Accounting?

Lease Accounting, time is running out

Adoption of lease accounting standards such as IFRS16 is less than a year away, with regulations effective as of January 2019. Yet, with over two years to prepare already, most corporates report not being ready for the transition. In fact, most treasurers are either unaware of or not involved with their organization’s lease accounting project planning. This is a serious problem as lease accounting experts are finding that uncovering the full magnitude of lease contracts takes at least 12 months to complete.

Why is lease accounting so difficult?

Bob Stark
September 14, 2018

Pages