Editor’s note: Kyriba recently hosted a highly attended webinar, “Why Treasurers Can No Longer Ignore Accurate Cash Forecasting,” with Treasury Consultant Elizabeth Ecsy from Accenture and VP of Strategy Bob Stark from Kyriba. The lively discussion addressed the importance of an accurate, reliable cash forecast against the backdrop of U.S. tax reform, rising interest rates and heightened shareholder and activist investor scrutiny.
Daniel Shaffer's blog
Daniel Shaffer, Senior Global Public Relations Manager
Daniel is a marketing and public relations strategist for global corporates in technology, healthcare, SaaS, and telecommunications with 15 years of experience driving successful communications campaigns. As a champion of brand journalism, Daniel enjoys crafting thought leadership, and continues to experiment with the perfect pitch for media, brand influencers and bloggers. Daniel has enjoyed the thrill of problem solving for startups, growth hacking, and working cross functionally in mature corporate environments.
Editor’s Note: Free cash flow has always been an important business metric, but according to new research, it’s becoming the ‘go-to’ measurement of a company’s financial health and success.
Crown World Mobility, a leading global talent programs management company based in Hong Kong, collaborated with Kyriba to overhaul its outsourced expense payments and treasury solutions – resulting in major cost savings and productivity gains.
Previously, the company’s payments were executed largely through manual processes based on spreadsheets and web-based electronic banking systems. This arrangement brought risk and compliance challenges, while lacking the scalability needed to meet client demand.
A treasury management system (TMS) can bring numerous significant improvements to your treasury, such as automating manual processes, reducing fraud risk and elevating the strategic function of the team to optimize working capital. But before you can bring these benefits to your team and the organization as a whole, you will first need to implement the new system.
Ryerson, a leading supplier and processor of metals headquartered in Chicago, Illinois, brought on Kyriba in 2014 to streamline manual processes and add visibility and controls to its treasury operations. Now with a modern treasury management solution in place, the treasury team is better equipped to deliver timely decision support and reporting to help drive the business.
Global financial threats are escalating, cybercrime is a top priority for CFOs and the demand for more fluid working capital is increasing. With so many challenges facing senior leaders today, it is essential to stay in touch with thought leaders in the treasury and finance space to stay ahead of the competition. One event not to miss is the New York Cash Exchange 2018, an annual conference hosted by the Treasury Management Association of New York (TMANY).