CFO Talks

JULY 23, 2024

This article aims to provide practical, actionable insights into effective risk management strategies that you can implement within your organization. Understanding Risk Management in the CFO Role Risk management is an integral part of the CFO’s stewardship role.

Risk Management 52

Risk Management CFO Compliance Communication 52

CFO Talks

NOVEMBER 6, 2024

In markets businesses face a mix of global influences, currency shifts, and regional economic trends that can impact everything from cash flow to expansion plans. Watching these signals lets you spot trends early and plan proactive responses. For instance, how would a 15% rise in raw material costs affect cash flow?

Finance 52

Finance Marketing Auditing Budgeting 52

The Finance Weekly

AUGUST 26, 2023

It is changing how businesses deal with Enterprise Risk Management (ERM), and AI algorithms can always watch for risks. AI can look at lots of data, find patterns, and predict risks. AI also does tasks automatically and saves time for risk managers. They can then plan and stop problems more actively.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

MARCH 26, 2020

Cross-currency money transfer firm Western Union has announced the launch of Digital Location, a new tool that enables people to send money from home. The company plans to launch the service to more countries in the near future. Western Union recently partnered with Integral for a new risk management mechanism called Integral BankFX.

Foreign Exchange 114

Foreign Exchange Currencies Risk Management Technology 114

The Finance Weekly

OCTOBER 30, 2024

Let’s now look at the top cash management solutions that offer these and more features: 1. Datarails Datarails Cash Management is an all-in-one financial planning platform designed to make cash management easy for businesses of all sizes.

Cash Management 52

Cash Management Cash Flow Forecasting Reconciliations Forecasting 52

Future CFO

DECEMBER 4, 2024

Every decision is crucial to the overall results and endpoint of each and every plan and initiative, that is why it is necessary that finance leaders have a clear view of the road they have to take. Wong Jyh Juan , chief financial officer at Malaysia-based real estate developer Perdana Parkcity Sdn.

Finance 98

Finance Leadership Problem Solving Benchmarking 98

Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Here's how it works: Multiple Currency Support: In a multi-currency account, you can hold balances in different currencies simultaneously.

Currencies 52

Currencies Accounting Risk Management Compliance 52

Future CFO

SEPTEMBER 2, 2024

The convergence of AI and ERP offers the potential to overcome traditional barriers to efficiency and accuracy in financial management, enabling Asian companies to compete more effectively on a global scale. These tools enable finance teams to simulate various scenarios, assess potential impacts, and develop contingency plans.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

Global Finance

SEPTEMBER 9, 2024

While the job has always had a strong risk-management component, the basic task was simple: making sure the company has cash available, when and where it’s needed. Faced with these challenges, companies must be able to forecast better and produce more efficient and more regular analysis for scenario planning. Not anymore.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

CFO Talks

AUGUST 29, 2024

This helps you see potential cash shortfalls early and make plans, like talking to suppliers about extending payment terms or arranging a short-term loan. Managing Risks Good treasury management also means protecting the business from risks like currency fluctuations or changes in interest rates.

Treasury 96

Treasury Cash Flow Forecasting Foreign Exchange Currencies 96

Planful

OCTOBER 25, 2016

Another panelist highlighted their investment in inventory, as well as managing growth in the business. How do you balance the core responsibilities of Finance with risk management? Making timely, relevant, and accurate data available across the business is critical to effective decision-making and risk management.

Risk Management 40

Risk Management CFO Budgeting Benchmarking 40

CFO Share

DECEMBER 9, 2023

These models offer a glimpse into the future, enabling entrepreneurs and business managers to make informed decisions, allocate resources efficiently, and steer their ventures towards success. From startups to established enterprises, understanding the dynamics of financial forecasts is fundamental to effective business planning.

Forecasting 52

Forecasting Planning Currencies Startups 52

PYMNTS

SEPTEMBER 18, 2018

Despite all the negative news, despite all the political and trade tensions, despite all the currency declines, there are reasons for optimism for merchants, wholesalers, manufacturers and other businesses. That said, optimism without a firm plan in place is just another form of hot air. Two Types Of Normal. China, the U.S.

Foreign Exchange 62

Foreign Exchange Currencies Risk Management Cash Management 62

Strategic Treasurer

OCTOBER 14, 2022

Global Payments Survey Shows Fraud Concern and Security Investment Plans. Results show the top challenges and areas of planned investment among companies of all sizes, with fraud and security as consistent themes. The post Global Payments Survey Shows Fraud Concern and Security Investment Plans appeared first on Strategic Treasurer.

Securities 52

Securities Investments Planning Treasury 52

PYMNTS

APRIL 26, 2017

In our CAB meetings, we focus on innovating solutions that can help eliminate regulatory and market challenges and plan for surprises, such as the financial crisis of 2008 or the recent political and currency volatility that we’re experiencing around the world today.

Risk Management 40

Risk Management Treasury Auditing Securities 40

Global Finance

SEPTEMBER 9, 2024

Trapped cash is a key concern for large multinationals; the more currencies they operate across, the bigger the headache. There may be some plans being made around M&A, but there is still a nervousness around rates. Flexibility, he advises, is key to warding off restrictive rigidity. Are things bottoming out?

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

Global Finance

MAY 10, 2024

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. While the cepo [currency controls] is in place, this won’t change. The governmental currency exchange control regime, cepo, severely restricts the amount of funds that can be taken out of Argentina.

Currencies 88

Currencies Economics Foreign Exchange Investments 88

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs. Necessary Planning.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Last month, reports in the Financial Times made clear that businesses will increasingly be faced with decisions they must make about how to manage foreign exchange volatility. “We importer said. said Gelis.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. Through its prudent lending approach, robust risk management, and geographic diversification, the bank nearly doubled its deposits to 17.36 Throughout 2023, JPMorgan Chase raised $2.3

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

NOVEMBER 19, 2020

The partnership supports Payment Canada's need for RTR to enable ISO 20022 messaging standards and remain in compliance with the Bank of Canada 's risk management standards for payment systems, an announcement revealed.

B2B 104

B2B Reconciliations Risk Management Accounting 104

PYMNTS

AUGUST 24, 2018

That means retailers and other companies need to up their risk management and hedging games — and do so before one crisis or another (a currency collapse in Turkey one week, who knows what next?) These long-term trends can derail a business irrespective [of] how they are performing in the local currency.”. Quantify Risk.

Risk Management 40

Risk Management Currencies Manufacturing Forecasting 40

Future CFO

DECEMBER 7, 2023

Enhanced Risk Management : CFOs should prioritise comprehensive risk assessments, focusing on the impacts of China’s debt situation on their business operations. Astute Currency Management : With the yuan’s value potentially fluctuating, adept management of currency exposure is crucial.

Economics 52

Economics Currencies Communication Risk Management 52

PYMNTS

NOVEMBER 26, 2019

5, which is around the time of a planned monero hard fork. Ramaswamy was most recently the head of enterprise risk management at Capital One, and was also previously the managing director and global head of AML compliance risk management at Bank of America. 29, and will block withdrawals from Friday to Dec.

Risk Management 56

Risk Management Compliance Currencies Securities 56

PYMNTS

MAY 17, 2018

The bank reportedly has told the federal Office of the Comptroller of the Currency about the problem in the wholesale unit. This new Wells Fargo controversy comes after the bank hired Amanda Norton, a former JPMorgan Chase executive, as its new chief risk officer, a job she reportedly starts this summer.

Banking 58

Banking Currencies Risk Management Accounting 58

PYMNTS

MAY 15, 2019

Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo as the scandal-plagued bank’s new CEO, according to a report by Reuters. At this point in time, I do not have plans to release that information,” Otting told Warren during a contentious exchange.

Risk Management 48

Risk Management Leadership Currencies Banking 48

Spreadym

APRIL 27, 2023

Financial analysis and planning (or FA&P) software is a type of business software that helps companies manage their finances and operational activity by analyzing financial data and providing tools to plan, forecast and make budgets for efficient business growth. Planning: this is the first stage of every business activity.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

JANUARY 15, 2019

As FinTechs eye growth, and look to gain scale by providing more “mainstream” financial services, might those plans hit a speed bump when it comes to the infrastructure needed to bring products to the masses? As has been reported, the regulators include the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.,

Risk Management 59

Risk Management Banking Currencies Financial Systems 59

PYMNTS

OCTOBER 29, 2019

The organization, which is investing $600,000 in the project, is working with blockchain startup ChromaWay and Bolivian IT services company Jalasoft on the project in Bolivia, Peru and Paraguay, with plans to eventually test out the technology in other parts of South America. I personally don’t believe Libra will succeed,” he said.

Currencies 40

Currencies Risk Management Startups Economics 40

PYMNTS

AUGUST 17, 2018

Markets and currencies can fluctuate in seemingly strange ways, sucking profit from the season’s labor. But as Jeff Matheson, senior vice president at Cambridge Global Payments , discussed in a recent PYMNTS interview, the seafood industry still has a few things to learn about managing risk and hedging bets. Still Some Paper.

Risk Management 40

Risk Management Foreign Exchange Manufacturing Currencies 40

PYMNTS

NOVEMBER 25, 2019

And in Japan, cryptocurrencies are getting fresh scrutiny, This past week the deputy governor of the Bank of Japan said that digital currency operators must satisfy regulations around money laundering and risk management ahead of starting operations.

Advertising 52

Advertising Currencies Risk Management Sales 52

PYMNTS

JULY 30, 2018

dollar was not good for Netflix in the second quarter, and the company’s experience (or lack thereof) with currency hedging holds lessons for other participants in the digital economy. Put a plan in place that takes out some of that volatility for a longer period of time.”. We build a plan around client wishes.”.

Currencies 40

Currencies Foreign Exchange Risk Management Treasury 40

Future CFO

MARCH 8, 2021

However, the move to new benchmarks is a monumental global change impacting lending, bond and derivative contracts in major currencies across almost all industries, requiring significant efforts by businesses to address the impacts on key activities, client interactions, control processes, systems, risk management, and financial performance.

Benchmarking 52

Benchmarking Currencies Risk Management Banking 52

CFO Talks

OCTOBER 22, 2024

If the reward is a 10% increase in revenue but the risk involves jeopardising a major contract, is it worth it? Practical Risk Management Strategies Balancing risk and reward aren’t just about avoiding risk altogether. It’s about smart risk management. What if the rand weakens by 10%?

CFO 52

CFO Risk Management Education Communication 52

PYMNTS

JUNE 16, 2019

With that in mind, one source estimated that testing the digital currency early next year would make more sense. In addition, the social media giant plans to connect users’ financial information to their personal Facebook profiles, which means that the data would be under the company’s control. “It

Startups 46

Startups Risk Management Currencies Finance 46

PYMNTS

MARCH 16, 2018

TMS providers have great platforms, and we have a great position in risk management as it relates to FX.”. The tool also facilitates integration with end users’ existing enterprise resource planning systems, treasury management systems, billing systems and other portals. In the U.K.,

Treasury 53

Treasury Foreign Exchange Risk Management B2B 53

PYMNTS

MAY 7, 2020

Argos Risk, Gatekeeper Enable Third-Party Management. Argos Risk and Gatekeeper are teaming up to offer enhanced third-party and supplier risk management solutions in a Software-as-a-Service offering that aims to support the buyer-supplier relationship. Companies need to offer their clients choice.”.

Accounts Payable 60

Accounts Payable SAP B2B Currencies 60