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Best Treasury And Cash Management Providers 2024: Systems And Services

Global Finance

Embedded finance features include global payments, virtual accounts (VAs), and account management. Nordea , which wins two awards this year, as both Best Fraud Detection Solution and Best Bank for Treasury FX Services, has developed a new secure Cash Management self-service request.

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For Manufacturers, Cash Management Is In Their Hands

PYMNTS

According to researchers, nearly half of the businesses surveyed (46 percent) said they have implemented a strategic working capital optimization plan. But that means more than half haven’t — whether a plan is in the works or is developed but not yet implemented.

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The Treasury Function Gets Strategic

Global Finance

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

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Top Action Steps to Grow Your Business

CFO Simplified

A business plan isn’t something that you just create when you start a company, it’s a strategic plan for how you’re going to manage and grow over the next two, five, and 10 years. The pandemic changed plans for nearly every business. Update your strategic plan.

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Goldman Sachs Seeks To Win Business From Mid-Sized Firms

PYMNTS

As part of its strategic plan, investment firm Goldman Sachs aims to win the business of more mid-sized companies. It also plans to spend $4 billion technology this year per John Waldron, the bank’s president, who made the remarks at a Bernstein conference in New York, the Financial Times reported.

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How to Choose the Right Banking Relationship

CFO Simplified

By this time, you are well on the road to executing your strategic plan for this year. This strategic plan includes evaluating your client relationships: Do they fit into your business model? Are they time-consuming? Are they as profitable as they can be?

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Brink’s Closes $860M Deal For Majority Stake In G4S

PYMNTS

Cash management firm The Brink’s Company is acquiring a majority stake in the security services company G4S for $860 million (£660 million), The Brink’s Company announced on Wednesday (Feb. times,” according to the release.