GTNews - the go to source for global treasury news - is soliciting questions about SWIFT connectivity for Corporates. If you've been meaning to learn more, go to the GTNews home page and navigate to the blue box on the bottom right. UPDATE (September 14, 2009): The...
Last week Glenbrook conducted an "Opportunities in B2B Payments" workshop in New York City. Erin McCune and I led the workshop, which was attended by product strategists from card networks, NACHA, The Clearing House, major banks, processors, software and service...
A recent survey by Treasury & Risk Magazine reveals that only half of companies with revenues under $2 billion have automated either their accounts receivable (A/R) or accounts payable (A/P) processes: Just over half of the firms that participated in the survey...
According to a recent survey by CFO.com of finance executives, not only does it cost more to borrow in the current climate, but the quality and breadth of services available from commercial lenders has deteriorated. Seems the bankers are too preoccupied trying to...
A new study from Deloitte reveals that there is a high correlation between bankruptcy and fraud. With economic conditions likely to drive more companies to consider filing for bankruptcy protection, one potential concern is whether the greater scrutiny that...
From CFO.comSince the credit-crisis began to hit its crescendo in mid-September, CFOs at companies of all sizes have been paying ever closer attention to the cash streaming through their businesses and keeping careful watch on their suppliers' credit terms and...
This is fascinating: The American International Group is rapidly running through $123 billion in emergency lending provided by the Federal Reserve, raising questions about how a company claiming to be solvent in September could have developed such a big hole by...
Last week at the monthly SF Treasury Management Association luncheon I heard a great presentation from the University of California, Office of the President (UCOP). Its banking/treasury services cover 10 campuses, 5 medical centers, 200 bank accounts and a budget...
A survey of corporate finance professionals attending the annual Association for Financial Professionals (AFP) conference in LA this week reveals that they perceive the credit market is stabilizing due to recent government actions. The U.S. Treasury plan to...
Over at Information Arbitrage, Roger Ehrenberg has the following reflection on the predicament facing many blue chip companies in the midst of the financial crisis: Does GE really perceive themselves to be AAA if they are motivated to raise money on the terms...
