Entries by treasuryXL

What are BIC/ SWIFT codes, how to find them, and how do they work?

03-01-2022 | treasuryXL | XE | LinkedIn | Just booked a rooftop hotel in Manhattan? Or bought an authentic Chinese vase at an auction in Hong Kong? When making an international payment, you need payment details such as BIC (also known as SWIFT address), the country code and IBAN. Not sure where to find this key […]

Blockchain for Corporate Treasurers explained by treasuryXL

30-12-2021 | treasuryXL |   Though Blockchain is not yet well understood by many treasury people, and tangible real-world applications for the corporate treasurer’s day-to-day activities are still scarce, this technology is getting increased interest in the treasury world. Click on the image below to learn more about Blockchain for Corporate Treasurers. What is Blockchain? How to […]

Cash Management explained by treasuryXL

29-12-2021 | treasuryXL |   Cash management is the discipline of Treasury that is devoted to the management of planned expenditures, so it is highly focused on operational efficiency and process optimisation. Click on the image below to learn more about Cash Management. What does a Cash Manager do? Examples of Cash Management activities Frequently asked Cash […]

Working Capital Management explained by treasuryXL

28-12-2021 | treasuryXL |   Working Capital Management is short-term financial planning. It is the set of tactics employed by Treasury to meet an organisation’s cash needs over the upcoming 12 months. Click on the image below to learn more about Working Capital Management (WCM). How and why do you manage your Working Capital? Examples of […]

Corporate Finance explained by treasuryXL

27-12-2021 | treasuryXL |   Corporate Finance is the financing of a corporation’s activities through borrowing and investment. To raise capital for business needs, companies primarily have two types of financing as an option: equity financing and debt financing Click on the image below to learn more about Corporate Finance. What does a Corporate Finance Director do? Examples of […]

International Mass Payments for Growing Businesses

23-12-2021 | Xe | treasuryXL | LinkedIn | Streamline your payment processes, and improve international business partner relationships. Spend more time delivering on your clients’ needs. Business process outsourcing and business process automation are not new business models. Yet traditionally, they have been targeted at high-volume, manual tasks like data entry, document processing, and bookkeeping. Delegating […]

2022: A new start?

21-12-2021 | treasuryXL | Cashforce | LinkedIn Nicolas Christiaen of Cashforce looks ahead to a year of challenge and opportunity for treasury.  If there is one constant in business, it’s the fact that change will always happen – whether we like it or not. And the past half decade has seen more transformative disruption than […]

Tame the ghost! Cancellations & currency management in Travel

20-12-2021 | treasuryXL | Kantox | LinkedIn | How to automate the FX treatment of cancellations It is no secret that the wave of cancellations following Covid-imposed travel restrictions has been a nightmare for travellers, airlines, hotel chains and tour operators alike. In the United States alone, cancelled domestic flights peaked at 137 thousand in […]

Foreign Exchange Hedging – Putting More Flow into Your Cashflow

16-12-2021 | Xe | treasuryXL | LinkedIn | Volatility in the market creates hedging opportunities. You can more accurately forecast margins, and have peace of mind knowing your costs won’t increase. Any business that imports or exports goods or services have a foreign exchange requirement. Depending on how large the volume of their orders and/or sales, […]

Survey | Anomalous Payments Detection

15-12-2021 | treasuryXL | Nomentia | LinkedIn | Our partner Nomentia and Netguardians, are conducting a survey for treasury and finance professionals to get a better understanding of the current challenges companies are facing in identifying and preventing anomalous payments. This way, we can provide more relevant solutions and share industry knowledge with the treasury and […]