One company’s approach to different ways of measuring treasury performance.Tracking traditional treasury metrics including liquidity, compliance with debt covenants and debt capacity is essential, but micro metrics—those at the operating level—can help a company to reduce costs and become more efficient, as well as enabling treasury to show its worth. A treasurer whose team has focused on metrics provided participants at a pre-pandemic NeuGroup meeting with an update on turning from bigger-picture metrics to operating-level metrics. “While not rocket science,…
April 28, 2020
Pandemic Lessons Learned by Treasurers in Asia
How finance teams respond to the need for cash depends in part on their ability to tap global cash pools.As the pandemic brought the world to a standstill, the primary concern of many multinational corporations centered on sustaining their operations, assuming no cash inflows for at least 30 days. For almost every company, that requires a lot of cash! That was among the takeaways from member comments at a recent NeuGroup virtual meeting of treasurers in Asia in early April.Cash…