Remove Currencies Remove Profit and Loss Remove Risk Management
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FP&A’s Scope: What Is In And What Is Out?

Fpanda Club

This can lead to burnout, missed deadlines, and a loss of focus on high-value activities. Yet, this responsibility is often assigned to operational teams or project managers who may lack FP&As analytical depth, leading to less reliable assessments. This results in a fragmented approach to risk assessment and decision-making.

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Winning the Financial Game with Strategic Treasury Management in Volatile Times 

CFO Talks

A good treasury manager: Ensure employees and suppliers are paid on time. Invest money wisely to earn profits without taking unnecessary risks. Manages debts carefully to avoid high interest costs. Protects the business from risks like currency fluctuations and interest rate hikes.

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How AI Improves Enterprise Risk Management (ERM)

The Finance Weekly

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.

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Turning Currency Volatility Into A Global FX Strategy

PYMNTS

Yet, understanding and developing a clear strategy for FX risk mitigation can be elusive, even for the largest firms. Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk.

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World’s Best Banks 2024: Global Winners

Global Finance

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. In a letter to UK Chancellor of the Exchequer Jeremy Hunt, the leaders of 180 tech companies said, “The loss of deposits has the potential to cripple the sector and send the ecosystem back 20 years.

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Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

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.

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The Financial Opportunity In Supply Chains’ Rising FX Risks

PYMNTS

In a recent interview with PYMNTS, Western Union Senior Currency Strategist Nawaz Ali spoke about the tension of currency hedging that companies endure today, with many firms taking a “one-off” approach to hedging. trade war with China, for example.