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August 20, 2020

Virtual Accounts Can Be a Multipurpose Tool

Goldman Sachs wants to show treasurers the multiple ways virtual accounts can help with efficiency in a variety of transactions. Virtual accounts can help overcome a range of impediments when it comes to creating efficient and straight-through transaction processes. This is what has driven their growth from a simple receivables management tool to a multipurpose one that can help bank and bank account rationalization, on-behalf-of transactions and the once highly manual reconciliations process. Payments/Receipts On Behalf Of (POBO/ROBO)Virtual accounts can…
BankingCapital AllocationCapital MarketsRegionalTreasury Management
January 23, 2019

The Five Cash Management Initiatives Treasurers Should Consider

When it comes to cash management, treasurers must keep their focus on ways to make it more efficient and cost effective. Editor’s note: This article was originally posted on iTreasurer.com on October 09, 2014. The year 2014 has been one focused on efficiency and innovation as treasurers consider outside-the-box strategies for unlocking working capital and improving the tactical aspects of treasury. Major initiatives including SEPA and the internationalization of the renminbi (RMB) have proven to be catalysts for greater global…