For many CFOs, the time is now to embrace AI for Cash Forecasting

05-07-2021 | treasuryXL | Gtreasury |

The chief financial officer (CFO) has never been under as much pressure to deliver more accurate Cash Forecasts – the anticipated revenue, spending, and Liquidity data that acts as the rudder for all corporate decision-making. More precise foresight is essential not only to driving profitability under normal business conditions, but has now become even more crucial as companies try to navigate the continuing wake created by COVID-19.

Read the full Article


About GTreasury

For more than 30 years, GTreasury has delivered the leading digital Treasury and Risk Management System (TRMS) to corporate treasurers across industries. With its continually innovating Software-as-a-Service platform, GTreasury provides customers with a single source of truth for all their cash, payments, and risk activities. The TRMS solution offers any combination of Cash Management, Payments, Financial Instruments, Risk Management, Accounting, Banking, and Hedge Accounting – seamlessly integrated, on-demand worldwide and fully secured. Headquartered in Chicago with offices serving EMEA (London) and APAC (Sydney and Manila), GTreasury’s global community includes more than 800 customers and 30+ industries reaching 160+ countries worldwide.

 

 

Simplifying Your Organization’s International Payments Requirements

01-07-2020 | XE |

There is no crystal ball that can accurately tell you the future of where a currency will trade in the short, medium or long-term. But a good international payments provider will be able to work with you to remove the complexity of foreign currency exposures and manage the risk they pose to your organization.

When looking to partner with an international payments provider, your first priority should be to evaluate the payments your business has made previously in order to get a better idea of the FX products and services that will best fit your business’ needs. And, when selecting a provider, make sure they understand your industry and the jurisdictions you are making payments to.

1. Frequency

How often are you making (or will you make) international payments? Making overseas payments costs more per transaction. The more payments you make, the more critical it is to get the cost per transaction right.

2. Amounts

The amounts you transfer affects the overall cost. Smaller amounts will have a higher margin added, therefore it’s worth determining whether you can bundle your payments to sharpen the margin you attract.

3. Timing

With exchange rates constantly fluctuating, the timing of your payments will have an impact on your overall profitability. If you do business in areas where currency valuations are highly volatile, a payments provider that can effectively advise you about the risks and opportunities of short or long-term foreign exchange contracts is ideal.

4. Industry

Each industry is different when it comes to the three factors above. Therefore, selecting a provider that understands your industry can make a big difference, as they’ll often be able to suggest the best foreign exchange service offering for your type of business.

Your business is as unique as you are. Don’t settle for generic money transfer services which treat your business as a number on a spreadsheet.

5. Geography

Finally, when selecting an international payments provider, make sure they understand any regional nuances particular to the jurisdictions you are sending your money to – this will ensure your payments go through smoothly, and in a timely manner.

Taking the time to understand these five factors is the first step in taking control of your business’s FX requirements and will put you in good stead when selecting the right provider for your business.



Tips & Tricks for optimizing Forecasting & Working capital

| 30-06-2021 | Cashforce |

The economy is poised for a rebound due to pent-up household demand coupled with historically low inventories. Businesses need to start preparing for the surge in orders and ensure they can sufficiently manage working capital and continue to finance their operations in the most efficient way.

Automating key elements of the Order-to-Cash process will allow businesses to absorb this revenue growth with their existing resources, while generating greater sums of liquidity — ensuring they can stay on top of their cash conversion cycles without the need for expensive and risky borrowing.

Watch Rob Harvey from Sidetrade alongside Nicolas Christiaen, CEO & Co-founder of Cashforce.

A few key points discussed in this session:

  • The importance of thinking about the process first to understand your cash flow drivers and to define what you want to measure.
  • Key to automating your processes is to start small, land & expand.
  • Create synergies by effectively combining cash & working capital data.
  • Building the business case internally by calculating the different aspects that bring ROI.

Are you ready for the economy to bounce back?

Watch this session on-demand Here

 

What is Market Data and Why should your Company take it Seriously?

29-06-2021 | treasuryXL | Arjen van der Sluis |

Working in the market data space for many years now, one of the most challenging aspects has always been to explain: What is Market data? In the early days such a question was much easier to answer as the size of the market data landscape was far less complex and much smaller. To keep it simple: market data was price and trade-related information and there were only a few data providers out there: Reuters, Telerate and exchanges. Since then, a lot has changed. Bloomberg shook up the market by offering a one-stop-shop terminal solution including trading capabilities and a Bloomberg-wide messaging system. Much data has been added since, like broker estimates, ownership data, index data and OTC instruments, to mention only a few.

More recently, everyone is talking about Alternative data or Environmental, Social and Governance (ESG) data. These developments, along with increased market demand, have broadened the scope of market data. Nowadays a good description of market data is “all data related to the investment cycle”.

What does Market Data mean for You?

International corporations may, for example, need foreign currency, seek protection of currency swings, need short-term cash or make daily valuations of their outstanding positions. Your investment cycle will be risk adverse and your market data requirements will include Foreign Exchange and Rates information, perhaps also some counterparty company accounts or macro-economic indicators and news.

To meet these needs and to make sure you are operating under the right market conditions, corporations may have a professional setup of market data terminals from Bloomberg or Refinitiv, FX data feeds and Treasury Management Systems (TMS). All based on different commercial models and usage rights as contractually agreed with the supplier (vendor compliance).

As a market data consultant, it is in our nature to review market data costs and -usage among financial institutions. Corporate treasurers might not be looking at market data with the same perspective as we do. Nevertheless, a regular Market data health check is advisable. Questions to be asked include: “Will market data help to perform a better job, in other words, gain a competitive advantage?” or “Why pay for a full market data terminal while there are cost-effective alternatives out there?

Among financial institutions we see a trend to apply user profiling. Your role and workflow processes should determine the type of services used and should also justify the more expensive high-tier terminal if and when opted for. More importantly, favorably priced alternative terminals are available with excellent data sets and functionality. As an alternative to Bloomberg messaging, financial institutions have started adopting Symphony as collaboration tool and to manage workflows including proprietary data sets.

In-House Systems

Regulatory pressure has led to more emphasis on risk management and the valuation process, resulting in an ever-growing number of data feed offerings. Depending on in-house requirements there may be a need for plain vanilla instruments or the more complex instruments that push the need for evaluated prices like Bloomberg BVAL. Not only pricing data, but information like entity reference data is becoming critical as well to manage your counterparty risk. In response vendors offer tailormade solutions, but it comes at a cost.

For data to feed in-house systems or databases, we see a trend among financial institutions who are moving to the cloud to lower their Total Cost of Ownership (TCO) or to avoid restrictive usage rights when consuming the data via a 3rd party market data vendor. It will also help them in being more flexible in response to new data requirements.

Concluding, market data is a dynamic business. Looking at market data costs and usage, by definition, you cannot compare a corporation with a financial institution. Having said that, this does not mean market data can be neglected. With market data costs rising by more than 5-10% annually and new solutions and vendors entering the market, it is worth reviewing your market data requirements regularly.




Arjen van der Sluis

The author, Arjen van der Sluis, is Senior Consultant and Partner at MDS at Work, a Dutch based Market Data Consultancy firm with specialists conducting market data projects globally for 20+ years now.

Contact us: [email protected]

How a Treasurer can really add Value

28-06-2021 | treasuryXL | Kyriba |

”The pandemic has boosted automation in treasury departments and led to big increases in productivity. But that is only the start. The big prize is the value that treasury teams can generate with the man-hours that automation frees up”, says Bob Stark, Head of Marketing Strategy at Kyriba.

The Post-Pandemic Treasurer

The post-pandemic world will not be a return to the previous status quo. In treasury we can look at this in three ways – people, process and technology.

In terms of people, a recent survey showed that 61% of CFOs expect their teams to be working out of the office at least a day a week in future (source: fortune.com 2020). In some ways the combination of working from home and in the office will pose its own problems, with different opportunities for fraud and mistakes. At least working from home all the time provided some consistency! Furthermore, many of the changes that treasury teams had to make suddenly last year will now become permanent.

Now let’s look at processes. Fully 78% of CFOs have changed inefficient workflows during the pandemic, and 82% intend to keep the changes that they have made in terms of automation and digitisation (source: MasterCard 2020). These changes involve the standardisation, automation and streamlining of multiple processes.

Thirdly, treasurers need to digitise and have an enterprise-wide cloud platform; to leverage analytics to assess and improve decision-making; and then to innovate through Artificial Intelligence and Machine Learning to make treasury a better business partner.

There has also been a change in the role of treasury within companies over the past 15 months. During the pandemic, treasury’s involvement in other areas of the business has increased. A treasurer’s objectives often now include more strategic aims, and the remit is likely to expand still further. In many cases this will involve increased shared responsibilities, for example reverse factoring.

Treasurers are progressing from a simple focus on productivity to making liquidity visible and then participating in strategic decisions that really add value. All of which in turn elevates the value of treasurers within their organisations.

How Treasury can add Value

We can all agree that treasurers have the ability to add value. We regularly see our clients make significant productivity gains in terms of man-hours as they automate residual manual functions. In many cases, automating processes can save over 80% of the man-hours involved (source: Hackett Group).

But that is only part of the story. The real value comes from what the treasury team can do with all those freed-up hours. The extra time gained through improvements in productivity allows them to analyse risks (such as counterparty, liquidity and FX risk) and make better, informed decisions, based on real insight and business intelligence. Or perhaps the extra time that automation has made available can reduce the opportunity for fraud. The common aim is to leverage liquidity to drive business growth and turn treasury into a strategic business partner.

Digitisation plays a big role here, especially in areas like payments, which have remained partially manual, for example in sanctions screening. Smart contracts are also increasing, which makes for other savings.

Measuring the impact

In any such analysis it is essential to be able to measure what you are achieving. That starts with liquidity itself: how much do we have? How far forward can I forecast liquidity? How confident can I be in the accuracy of those forecasts? After all, you can only use the “excess” liquidity within your company when you are confident that you aren’t going to need it!

Digitisation is the way to improve the visibility of your liquidity. You can then test the accuracy of your information and decide how to use that asset. You can do this with a scorecard to measure your company against industry peers and assess your level of maturity, from Ad hoc, through Emerging and Standardising to Strategic. You can then highlight the opportunities for improvement

Many of our clients have done just that. For one client, an 88% improvement in cash management and forecasting – thanks to automation – saved over £1m in net interest by unlocking cash that had been lying idle. It also helped the same client to save over £100K in bank fees.

Another client reduced costs by 85% and used the newly spare man-hours to avoid £1.2m in fraud-related costs. They also accelerated ERP migration by 80%. Other savings might include generating free cashflow or protecting the business against financial loss. But all these achievements start with productivity gains that free up treasury staff to do something more valuable within their organisations.

I will leave you with three thoughts: automation and digitisation are here to stay; productivity is an opportunity, not just a saving; and if you are going to add value as a treasurer, you need to be able to measure that saving.

GTreasury Webinar | Essential Treasury Management Dashboards & Reports

24-6-2021 | treasuryXL | Gtreasury |

Join our Partner Gtreasury‘s virtual events and learn more about Essential Treasury Management Dashboards & Reports. With a large array of available reports and dashboards available to help you gain visibility into your organization’s market risk, how do you know which ones are best for helping you achieve your strategic goals?

Learn how critical TMS dashboards and reports can help you achieve your strategic goals

Join us June 29 to explore the value of strategic dashboards and reporting. During this one-hour webinar, we will discuss specific dashboards that provide deep insights to help you facilitate foreign exchange decision-making and execution. We will dig into reports that give you the ability to:

  • Analyze complex data, design superior risk mitigation strategies, and make informed decisions.
  • Gain visibility into foreign exchange exposure and hedge positions in multiple currencies at any given point in time.
  • Centrally manage complex limits scenarios and provide a real-time view of compliance over the full suite of limits throughout your organization.
  • And a whole lot more!
June 29 | 3 pm EDT; 2 pm CDT; 12 pm PDT; 8 pm BST
Complete your registration to join us here!

The Danger of Not knowing if you run Currency Risk – 9 Tips for your Business (Dutch item)

24-06-2020 | XE |

Veel bedrijven, vooral de wat kleinere, weten vaak niet dat ze te maken hebben met een valutarisico. Zelfs als ze dat wel weten, hebben ze de omvang van hun risico nooit in kaart gebracht. Als u zich in die positie bevindt, is de kans groter dat de impact van de volatiliteit van de valutamarkt op uw bedrijf een nare schok zal zijn.

Valutarisico’s

Blootstelling aan valutarisico’s kent verschillende vormen. Alle bedrijven die goederen of diensten in het buitenland verkopen, zullen zich zorgen maken over het feit dat een koersstijging van het pond hun concurrentiepositie in die markten schaadt. En als u iets vanuit het buitenland importeert, zoals grondstoffen, maakt een koersdaling van het pond die importen duurder. Vergeet ook het balansrisico niet: veel Nederlandse bedrijven hebben internationale dochterondernemingen en bedrijfsonderdelen die zakendoen in een andere valuta. Indien dit het geval is, zal de waarde van deze activiteiten, als die in de boeken van het Engelse hoofdkantoor belanden, onderhevig zijn aan schommelingen in de wisselkoers.

Een bedrijf dat elk jaar voor €100.000 aan Europese goederen importeert, is niet blootgesteld aan een valutarisico van €100.000, want de pond-eurokoers zal niet tot nul dalen. Met andere woorden, voor het vaststellen van uw werkelijke risico moet u een inschatting proberen te maken van de waarschijnlijke volatiliteit van de valutamarkten in de komende maanden. Dat kunt u bijvoorbeeld doen door te kijken naar de koersschommelingen in het verleden.

Het is belangrijk om te erkennen dat er een risico is en om vervolgens te proberen de mogelijke omvang ervan te bepalen. Daartoe zult u niet alleen een aantal kwantitatieve beoordelingen moeten maken, maar ook enkele kwalitatieve. Die importen kunnen dus valutaproblemen
met zich meebrengen, maar als uw bedrijf tegelijkertijd zo’n €100.000 van de omzet uit de eurozone haalt, hebt u al enige bescherming. Door een koersdaling van het pond zouden uw importen duurder worden, maar zou de omzet uit uw exporten kunnen toenemen. Met andere woorden: u moet naar het netto valutarisico kijken en niet naar een enkel onderdeel ervan.

Time Management

De andere factor is tijd. Hoeveel zicht hebt u op de kosten en baten van uw bedrijf in de toekomst? Hoever kunt en wilt u vooruit plannen? Hoe verder u vooruit kijkt, hoe moeilijker het wordt om nauwkeurige inschattingen te maken. Als u niet precies weet hoe u valutarisico’s inschat, de potentiële risico’s voor uw bedrijf kwantificeert of de marktvooruitzichten voor de komende maanden onderzoekt, overweeg dan eens om uw opties te bespreken met een valutaspecialist.

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Does your Online payment solution generate the right value for your company?

22-06-2021 | treasuryXL | EcomStream | Ramon Helwegen

For some treasurers the world of Fintech / online payments / e-commerce doesn’t seem to have too much secrets. Some treasurers are however more distanced from it and would benefit a lot from support in this area.

As a consequence of COVID-19, many Corporates have fast-tracked their digital transformation projects to adapt to direct (online) distribution models. A key component in getting this right, is the revenue flow and the payment solution that comes with it.

The world of payments is dynamic and there is a lot of value to gain, both in performance levels as well as in cost levels. But how would you unlock access to these values in making sure you get value for money.

A few considerations that could cross your mind right now:

  • Are you in the middle of a digital transformation project and your business owners are requesting a payment set-up but you are not sure how to facilitate this at a competitive cost level?
  • Are you getting questions internally about the cost of the online payment solution and the options to save on these?
  • Do you feel that your online payment solution may be just the right area to help achieving your KPI’s around performance and cost savings?

You can consider to perform a benchmark and cost optimization of your payment solution or initiate a tender/RFP project. Both have their own pros and cons, but both deliver value to your company and will lower the TCO of the payment solution. This is where EcomStream can come in. EcomStream can take full ownership of such a project.

Think about it, you do not need this payments knowledge every day, but you would like to be able to call on it at any time. And if the costs of your payment solution would be lower, that would free up budget for growth. EcomStream often works with its clients for the longer term (yet flexible) in making sure they get value for money from their online, or omnichannel, payment solution.

The payments market is dynamic and knowledge quickly becomes obsolete. You would like to obtain the latest knowledge around online payments. That is why it is often just better to obtain payments knowledge externally. Fresh, flexible and independent. Available for you just when you need it, always. You should never again have a feeling that you could have gotten a better deal for your online payment needs, or that you are missing out on value that your business owners may ask for.

With EcomStream, you are always up to date and have access to most recent market knowledge.

Benchmarking your online checkout and payment solution is worth the effort. There are often areas for improvement that are relatively easy to execute or implement. And execution is based on a no-cure no-pay basis.

Your online payment set-up should have your primary attention. Consider to bring in an independent specialist to help you out.

About EcomStream

EcomStream is an independent consultancy and is specialized in optimization of online, omnichannel and marketplace payment solutions, and optimization of checkout flows.

The goal is to achieve much lower costs for you while creating a much better customer experience for your customers.

Thanks to its lean organisational model, EcomStream will help you to reduce the cost of ownership of your payment solution and to improve your ROI, fast.




Ramon Helwegen

 

 

 

 

 

Top Key qualities of Online money transfer providers

17-06-2020 | XE |

Not sure where to begin? In this guide, we break down the key qualities of online money transfer providers and explore how you can figure out which one is the right fit for you.

Do you need to send money to a friend or family member in another country, pay a bill overseas, or make a purchase in a different currency? From there, it’s easy to form the logical conclusion: you need a way to exchange your currency and send your money to that other country.

The next step is finding someone to carry out this transfer for you. This is where it gets a little more complicated. Between banks, wire transfers, and online money transfer providers, there are numerous options available to you online and in person. How do you know which one to choose?

That depends on what you need.

What are you looking for in a money transfer?

There are many aspects to sending money overseas. There’s the process of exchanging one currency to another, there’s the travel from your account to your recipient, and it’s also worth considering how efficient the process is as a whole.

Ask yourself:

  • Are you looking for the best exchange rates?

  • Are you looking for the option that will send your money to its destination the most quickly?

  • Do you want a quick, easy online experience so you can take care of your transfers in a snap?

  • Are you interested in multiple money transfer methods, such as forward contracts and market orders?

  • Do you want the peace of mind of working with an established brand?

Knowing which of these is your priority will help you to figure out which provider is the best fit for your transfer.

What should you know about rates?

“What rate will I get?”

That’s the first question most people ask when they look to send money overseas. But since the rates are constantly changing, it’s hard to give a definite answer on what rate you’ll get, or to ensure that no matter what, you’ll get a good rate. So what should you do?

The most important thing you can do is cross-check rates across multiple providers, along with the mid-market rate (which you can see on our Currency Converter). The mid-market rate will be your baseline and give you a point of reference for providers’ rates. This will let you know if you’re getting a good deal.

Cross-comparing rates across providers will also give you an idea of whether a provider is offering rates that may be too good to be true. If you see a rate that is significantly lower than every other rate offered, or you see a provider claiming that their money transfers are “completely free” or come with “no fees”, that may be a sign that they come with hidden fees.

At Xe, we offer competitive exchange rates for our transfers, along with letting you know ahead of time if there is a fee for your transfer. If you’re interested in getting a certain rate, we also offer rate alerts, where you can identify a target transfer rate and we’ll notify you once it’s been reached.

What impacts transfer speed?

If you’re paying a bill, sending a holiday gift, or trying to help a friend or family member out in a difficult situation, a money transfer that travels quickly and gets to its destination when it’s promised is key.

There are multiple things that can influence how quickly a money transfer travels, such as:

  • The payment method you choose

  • Holidays or bank closures

  • Your provider requiring additional documentation

  • How quickly your recipient’s bank can process the transfer

You can read more about it in our guide to money transfer timings.

As you shop around for providers, pay attention to their transfer timings. At Xe, our money transfers typically arrive within 1-4 business days, but many reach their destination within 24 hours (and some countries take just minutes). We’ll always confirm when your transfer will be sent and when it should arrive before you confirm your transfer.

If you have a certain date in mind for your payment, you may want to set up a forward contract. This contract allows you to schedule a future payment at a set date, locked at the exchange rate at the time you set the contract. In addition to ensuring your payment will go out on time, you won’t need to worry about market volatility negatively affecting your rate before you make your payment.

Alternatively, if you know that you’ll need to regularly make payments (such as a mortgage or a tuition bill), you can also set up Regular Payments Abroad to schedule a series of money transfers at one set rate.

Is it easy to do?

We’re long past the days of leaving your house, driving to the bank, waiting in that endless line, and filling out form after form. Nowadays, many providers offer online services that you can do from the comfort of your couch, any time of day.

At Xe, we want to make it as simple as possible to send money. If you ever have any questions, you can visit our Help Centre to read more about the process and contact our team directly.

How to send money with Xe

  1. Sign in or sign up. Either way, it takes just a couple of minutes.

  2. Get your transfer quote. Just enter the currencies you’d like to exchange and the amount. You can also get a quick transfer quote on our Send Money page, without signing in.

  3. Enter your recipient information. We’ll need their name, address, bank name, bank account number, bank code, and BIC/SWIFT code.

  4. Provide your payment details. You can pay by bank transfer, card payment, or direct debit.

  5. Confirm and send. Does everything look good to you? Go ahead and confirm your transfer, and we’ll take it from there.

What money transfer options are there?

There are many different circumstances by which you might need to send money. Sometimes you’re in a bind and want to get your transfer sent as quickly as possible and delivered by a certain date. Other times you may have a little more time to spare, but want to ensure that you get the best possible rate for your money transfer.

Here at Xe, we offer four different transfer methods:

  • Spot transfers – Happy with the current rates and ready to transfer now? Just initiate the transfer on our site, and we’ll get it sent as soon as possible.

  • Forward contracts – Like the current rates, but want to wait a little for your transfer? Lock in today’s rate and schedule your transfer to go out on a set date.

  • Market orders – Want to get the best possible rate? Identify your target rate and let us know how much you’d like to transfer, and your transfer will automatically initiate once that rate is reached.

  • Regular Payments Abroad (RPA) – Plan to make a series of transfers? For a one-time setup process, you can schedule a regular cadence of transfers at one locked-in rate.

What are the signs of a reputable brand?

It can be nerve-wracking to trust a company with your money and your personal information. Many people opt to use their banks for their money transfers because they already know their banks and trust that they are legitimate. While banks are a perfectly safe and reliable way to make your money transfers, they may not always be the most cost-effective method. But how do you know when an online money transfer provider is as trustworthy as your local bank?

As you research money transfer providers and examine their websites, keep an eye out for some of these signs of a reputable business:

  • A secured website

  • Information about the company and its history

  • A way to easily contact the company

  • Reasonable pricing (remember what we said above about comparing prices across providers)

Reviews are also a great resource for assessing a brand’s reliability and customer experience. You can check sites such as Trustpilot to see what verified customers have to say about a company.

How does Xe stack up to the other providers?

Over 1 million customers around the world trust Xe with their international money transfers. What makes those customers choose Xe over the others?

  • Favorable transfer rates, so you can trust that you’re getting the most for your money.

  • Fast money transfers, reaching some countries within minutes.

  • Transfer tracking, so you never have any doubt about where your money is.

  • Over 130 countries and over 98 currencies available to transfer to.

  • A quick and easy process, which you can handle entirely online 24/7, 365 days a year.

  • Numerous transfer options, so you can send your money in the way that best suits your situation.

  • Currency tools and resources, so you can stay up-to-date on your choice currencies.

  • Almost 30 years in the currency business, with the knowledge and experience to truly make us the world’s trusted currency authority.

 

Source

 

 

treasuryXL announces partnership with EcomStream to strengthen dissemination of the latest trends for payments solutions and checkout flows

16-06-2021 | treasuryXL | EcomStream |

VENLO, The Netherlands, June 16, 2021 – treasuryXL, the community platform for everyone who is professionally active in the world of treasury, and EcomStream in the Netherlands, an independent consultancy that is specialized in optimization of online, omnichannel and marketplace payment solutions, and optimization of checkout flows, today announced the signature of a premium partnership.

As a marketplace, treasuryXL will offer EcomStream market commentary and insight to its audience. Offering a continuous flow of relevant treasury content, making treasury knowledge available, results in treasuryXL being the obvious go-to platform for its’ audience.

This partnership includes:

  • collaboration on messaging, content production, and visibility
  • mutual distribution on select items of interest
  • collaboration on larger themes: event promotion and speaking, and industry expert contributions and publication

treasuryXL and EcomStream strive for a fruitful partnership where its’ audience are top of mind making sure that (potential) clients are always up to date with the latest news and events in their field, benefit from a comprehensive range of innovative solutions, services and expertise.

About treasuryXL

treasuryXL started in 2016 as a community platform for everyone who is active in the world of treasury. Their extensive and highly qualified network consists out of experienced and aspiring treasurers. treasuryXL keeps their network updated with daily news, events and the latest treasury vacancies.

treasuryXL brings the treasury function to a higher level, both for the inner circle: corporate treasurers, bankers & consultants, as well as others that might benefit: CFO’s, business owners, other people from the CFO Team and educators.

treasuryXL offers:

  • professionals the chance to publish their expertise, opinions, success stories, distribute these and stimulate dialogue.
  • a labour market platform by creating an overview of vacancies, events and treasury education.
  • a variety of consultancy services in collaboration with qualified treasurers.
  • a broad network of highly valued partners and experts.

About EcomStream

EcomStream is an independent consultancy and is specialized in optimization of online, omnichannel and marketplace payment solutions, and optimization of checkout flows.

The goal is to achieve much lower costs for you while creating a much better customer experience for your customers.

Thanks to its lean organisational model, EcomStream will help you to reduce the cost of ownership of your payment solution and to improve your ROI, fast.

www.ecomstream.nl