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GTreasury Announces 2021 Cash Forecasting & Visibility Survey Report, Which Covers Key Trends in Corporate Treasury

03-11-2021 | treasuryXL | GTreasury |

The new report provides in-depth insight into cash reporting, cash forecasting, and technology practices and expectations across hundreds of treasury teams

CHICAGO, Ill. – November 3, 2021 – GTreasury, a treasury and risk management platform provider, and Strategic Treasurer, which delivers consulting services for treasury management, security, technology, and compliance, today announced the release of the 2021 Cash Forecasting & Visibility Survey Report.

The survey of nearly 250 treasury professionals from across industries and continents sheds light on the current state of corporate treasury’s cash reporting practices, cash forecasting methods, technology strategies, and expectations around technology spend.

Highlights from the 2021 Cash Forecasting & Visibility Survey Report include:

Treasurers want real-time global cash position updating. The majority of treasurers are seeking global cash positions that can update on a real-time or intraday basis, but many report being stuck with weekly (or less frequent) updates. Just seven percent of survey respondents are currently achieving real-time cash position updates.
Generating cash positions is three times harder without a TMS. Only 10% of treasurers using a treasury management system report difficulty generating their cash position, compared to 33% of those who use other methods.
The use of AI and ML in cash forecasting is nascent but accelerating. While just 6% of respondents are currently using AI/ML for forecasting, the report indicates that number should swell to 27% of organizations within the next two years.
More budget is being allotted for treasury and forecasting technology. Over the next year, more than 35% of companies plan “extremely heavy spending” on treasury systems and forecasting.
Generating cash forecasts is difficult for half of all treasurers. Just 23% of treasurers report that building cash forecasts is a simple process within their organization, compared to the 48% of respondents indicating difficulty with this task.
Excel forecasters are more dissatisfied than their TMS/ERP-using peers. Compared to treasurers relying on TMS/ERP technologies, treasurers using Excel spreadsheets for forecasts are more than three times as likely to be dissatisfied with their forecasting output: 23% of those relying on Excel report discontent, compared to 8% leveraging TMS/ERP solutions.

“The findings in this year’s Cash Forecasting & Visibility Survey Report provide a clear view into what matters to corporate treasury right now, and the areas that are particularly ripe for modernization,” said Craig Jeffery, Managing Partner at Strategic Treasurer. “AI and ML is arguably the biggest sea change coming to treasury teams, and it will move quickly. Treasury teams are realizing the challenges of building AI/ML-infused capabilities internally, and are instead adopting AI/ML forecasting capabilities within their existing systems. The rapid anticipated adoption here will empower corporate treasurers with transformative new practices and approaches, from treasury management to FX to payments.”

“The treasury ecosystem is constantly evolving, and this survey illuminates not just how treasury operates today, but how treasurers want – and expect – it to tomorrow,” said Michele Marvin, VP, GTreasury. “From CFOs to treasury and accounting teams, the results of this report are revelatory when it comes to navigating the current treasury technology landscape, adopting best practices, and capitalizing on the most advantageous opportunities going forward.”

Those interested in further results and analysis from the 2021 Cash Forecasting & Visibility Survey Report can view a recorded webinar, hosted by GTreasury and Strategic Treasurer, analyzing the results of this report: https://resources.gtreasury.com/Cash-Forecasting-Report-On-Demand-Webinar-Request.html

The downloadable report is available at: https://resources.gtreasury.com/Cash-Forecasting-Visibility-Report-Request.html

About GTreasury

GTreasury is committed to connecting treasury and digital finance operations by providing a world-class SaaS treasury and risk management system and integrated ecosystem where cash, debt, investments and exposures are seamlessly managed within the office of the CFO. GTreasury delivers intelligent insights, while connecting financial value chains and extending workflows to third-party systems, exchanges, portals and services. Headquartered in Chicago, with locations serving EMEA (London) and APAC (Sydney and Manila), GTreasury’s global community includes more than 800 customers and 30+ industries reaching 160+ countries worldwide.

About Strategic Treasurer

Strategic Treasurer provides consulting services for treasury management, security, technology and compliance. Corporate clients, banks and fintech providers throughout the world rely on their advisory services and industry-leading research. Strategic Treasurer is headquartered in Atlanta, with consultants based out of Atlanta, Cleveland, Detroit and Washington D.C. To learn more, visit strategictreasurer.com.

The impact of miscommunication or missing knowledge occasionally! (Dutch Item)

03-11-2021 | Ger van Rosmalen | treasuryXL | LinkedIn

Laatst werd ik gebeld door een mevrouw van een financiële afdeling van een mooi bedrijf uit de maakindustrie. Ze wilde graag even met een expert spreken over een Letter of Credit (L/C) transactie. De levering ging over een kostbare machine, puur maatwerk voor een Egyptische afnemer.

Contract omtrent de levering

Afspraak volgens haar was contract 30% aanbetaling en 70% tegen directe betaling met een L/C. Haar eerste vraag was of bij niet-levering de 30% terug betaald moest worden. Wat staat daarover in het contract was mijn vraag. Er was niets afgesproken in het contract en er was ook geen terugbetaling/vooruitbetalingsgarantie gesteld. Ik maakte hieruit op dat er geen terugbetaling hoeft te volgen bij niet-levering. Overigens blijkt dat de 30% aanbetaling niet de totale kosten van de bouw van de machine dekken. Vanwaar deze vraag? De mevrouw gaf aan dat er discussie was over de directe betaling bij het laden van de machine in de haven van Rotterdam. Afgesproken Incoterm is CFR Alexandria. De producent wilde geen risico lopen en wilde betaling als de machine op de boot was gezet. De Egyptische afnemer gaf aan dat de betaling zal volgen bij aankomst van de boot in Alexandria zoals afgesproken in het contract. Ik vroeg haar wat staat er in jullie contract over met name de betaling van de resterende 70%? Ze leest voor “30% aanbetaling en 70% CAD”.

Conditie CAD en alternatieven

Ik leg haar uit wat de conditie CAD betekend. Hier is helemaal geen sprake van een Letter of Credit maar van een documentair incasso/documentary collection waarbij de actie tot betaling van de resterende 70% volledig bij de kopende partij ligt. Immers alle handelsdocumenten worden op incasso basis naar de bank van de Egyptische koper gestuurd. Die bank mag de handelsdocumenten alleen maar uitleveren tegen gelijktijdige betaling. Meestal zal de koper de documenten vlak voor aankomst van de boot opvragen bij de bank waarna bij uitlevering van de documenten ook gelijktijdige betaling volgt. “En als de koper niet wenst te betalen?”. Dan staat daar in de haven van Alexandria jullie dure op maat gemaakte machine die de klant nu even niet wil afnemen. Mogelijke demurrage kosten in de haven van aankomst liggen op de loer. De koper kan nu gaan marchanderen of er nog iets van de prijs af kan of besluiten de machine niet af te nemen. De koper is dan zijn 30% aanbetaling kwijt en jullie hebben slechts 30% betaling ontvangen maar die is niet voldoende om de volledige kosten van de bouw en verscheping van de machine te dekken. Dit hebben wij helemaal niet afgesproken zegt ze en haar stem slaat over van de schrik. Toch heeft de verkoper dit zo afgesproken en vastgelegd in een contract. Wellicht heeft het de verkoper ontbroken aan de juiste kennis over de verschillende betalingsinstrumenten of heeft hij uit commerciële overwegingen deze beslissing genomen? Ze ging direct met de directie contact opnemen. Wat zijn de alternatieven vroeg ze want die CAD transactie gaat het zeker niet worden. Er is een contract dus de koper kan de verkoper daaraan houden. Mogelijk zal er dan geen levering plaatsvinden en ontstaat er contractbreuk met wellicht vervelende (juridische/financiële) consequenties. De onderhandeling open gooien en nieuwe afspraken maken met de koper om de resterende 70% via een L/C te betalen is een mogelijkheid. Als de koper daar al in wil meegaan kan hij wederom een korting bedingen.

Hoe dit soort situaties voorkomen?

Kortom een vervelende situatie die voorkomen had kunnen worden als de verkoper de juiste kennis van betalingsinstrumenten had gehad of niet geheel zelfstandig had mogen handelen en tijdig gecorrigeerd had kunnen worden om een L/C te vragen. Het beleid binnen dit bedrijf is dat bij dit soort transacties er altijd op zeker gespeeld moet worden om geen risico’s te lopen met machines die speciaal voor klanten worden gemaakt. Er blijkt toch wel wat kennis te ontbreken niet alleen over de verschillende betalingsinstrumenten maar ook over de risico’s van bijvoorbeeld een L/C met een FOB leveringsconditie. Vergeet ook niet de impact van de tegenwoordig geldende Compliance/AML regels.

Wilt u niet in dit soort valkuilen terechtkomen laat u informeren. Tradelinq Solutions kan u bijstaan of trainen op het gebied van betalingscondities (L/C, Bankgarantie, Documentair Incasso etc). Ook trainingen over toepassing Incoterms of hoe om te gaan met Compliance/AML regels behoort tot de mogelijkheden. Voor meer informatie neem contact met ons op via [email protected] of bel mij op 0613377921 ik sta u graag te woord.

Ger van Rosmalen

Trade Finance Specialist

Question treasuryXL Panel #3 | Should treasury always report to the CFO?

02-11-2021 | treasuryXL | Treasurer Search | LinkedIn |

treasuryXL is the community platform for all your relevant treasury questions.

We received the following question from one of our followers… Read more

Refinitiv case study | How Haier Group uses a one-stop FX Management solution to mitigate currency volatility

1-11-2021 | treasuryXL | Refinitiv | LinkedIn

Haier Group Corporation is a Chinese multinational consumer electronics and home appliances company, designing, manufacturing and selling a full range of smart appliances, whilst also focusing on channel integrated services. Read more about how Haier Group treasury has succeeded in establishing an intelligent risk management model, covering their whole workflow by connecting with their internal accounting and funds settlement system and externally linking financial data resources (such as Refinitiv) and more than ten global banks.

Haier Group Corporation is a Chinese collective multinational consumer electronics and home appliances company headquartered in Qingdao, China. The FX risk management function under Haier Group’s treasury now controls 22 countries and areas and 20 currency pairs. Their centralised management is difficult due to the wide range of regions and currencies, while the traditional analysis and management from manual booking does not keep up with the current business development demand. Haier Group treasury has succeeded in establishing an intelligent risk management model, covering the whole process by connecting with the internal accounting system and funds settlement system and externally linking the financial data resources (such as Refinitiv) and more than ten global banks.

Beheer uw Financiële Middelen | Cash- en werkkapitaalbeheer

| 29-10-2021 | François de Witte | treasuryXL |

Een bedrijf financieel gezond houden kan niet zonder een gedegen werkkapitaalbeheer. In deze basisopleiding bekijken we alle inkomende en uitgaande geldstromen (debiteuren, crediteuren, voorraden en cash). U leert hoe u deze geldstromen kan beheren en optimaliseren. Een aanrader voor iedereen wie interesse heeft en de noodzaak inziet van een transparant treasury- en creditmanagement. Deze opleiding gaat klassikaal door in campus Gent.

Omschrijving

Productieprocessen, (internationale) logistieke processen en verkoopprocessen brengen grote geldstromen in beweging. Een bedrijf financieel gezond houden kan niet zonder een gedegen werkkapitaalbeheer. In deze basisopleiding bekijken we alle inkomende en uitgaande geldstromen (debiteuren, crediteuren, voorraden en cash). U leert hoe u deze geldstromen kunt beheren en optimaliseren. Een aanrader voor iedereen wie interesse heeft en de noodzaak inziet van een transparant treasury- en creditmanagement.

Voor wie is deze opleiding bestemd?

Deze module richt zich tot bedrijfsleiders, alsook alle financieel verantwoordelijken, leden van het treasury team, controllers, financieel adviseurs, accountants, accountmanagers en productmanagers bij financiële instellingen.

Voorkennis

Financieel basisinzicht is vereist.

Bijkomende info

Het programma komt in aanmerking voor 9 uren permanente vorming bij ITAA.

Methodologie

Het programma is doorspekt met cases die samen met de deelnemers behandeld worden. Naast voorbeelden uit de praktijk die de theoretische onderbouw concretiseren, is er steeds aandacht voor de opmerkingen en vragen van de deelnemers. Om deze reden is het aantal deelnemers beperkt.

Lesdata

DATUM	STARTUUR	EINDUUR
woensdag 01/12/2021	9:30	12:30
woensdag 01/12/2021	13:30	16:30
woensdag 8/12/2021	13:30	16:30

Meer informatie en inschrijven: Klik Hier

François de Witte

Kyriba Fact Sheet – Payment Errors & Compliance Violations

27-10-2021 | treasuryXL | Kyriba |

Payment errors and compliance violations cause significant losses for businesses of all sizes. Fraud alone cost companies more than $42 billion last year, according to PwC’s Global Economic Crime and Fraud Survey.

The repercussions are wide-ranging, from arduous public disclosures and legal fees to reputational damage. Some are the result of attacks by elite cybercriminals, while others are simple mistakes made by careless or inexperienced employees. Kyriba’s Payments Fraud Solution delivers confidence that payment fraud attempts, errors and policy violations are captured, identified, and eliminated, saving your organization time, effort, and money.

Have a read of Kyriba’s Fact Sheet to learn more about payment errors and how Kyriba can help you.

Kyriba Unlocks Access to $15 Trillion Payment Network with Launch of Open API Platform

25-10-2021 | treasuryXL | Kyriba |

Kyriba, a global leader in cloud-based finance and IT solutions, today announced the launch of its Open API Platform to enable composable technology solutions for CFOs, CIOs and Treasurers, and accelerate the next generation of finance innovation. Kyriba’s Open API Platform streamlines the creation and connectivity of new applications for the company’s trusted network, which connects 1,000 banks, manages over a million bank accounts, and processes over 200 million payments worth 15 trillion USD annually.

The Open API Platform is accessible through Kyriba’s newly launched Developer Portal, which connects fintech developers to Kyriba’s 2,000+ global corporate clients who have integrated Kyriba into their treasury processes, enterprise payments systems, and ERP platforms.

“Kyriba Open API Platform will radically unlock fintech innovation for enterprise CFOs and their CIO counterparts,” said Boris Lipiainen, CTO of Kyriba. “Beyond simplifying and accelerating bank and ERP connectivity, fintech developers will bring new apps to the Kyriba network and empower the next generation of financial technology.”

APIs are transforming the way Finance and IT consume and integrate data and are the gateway to delivering real-time services, artificial intelligence, and composable digital finance solutions for CFOs and CIOs. According to Gartner® research, “Gartner predicts through 2024, 50% of financial application leaders will incorporate a composable financial management system approach to their solution selection. Gartner defines a composable architecture as one where highly modular applications can be composed and recomposed to deliver capabilities and outcomes that keep up with the rapid pace of business change1.”

“Kyriba’s Open API Platform eliminates the need for internal IT teams to deliver a patchwork of custom interfaces and RPA bots to satisfy the growing need for hyperautomation,” said Félix Grévy, VP of Open API and Connectivity at Kyriba. “Our Platform enables Kyriba clients and our network of development partners to accelerate product innovation and deliver composable technology solutions to eliminate fraud, mitigate risk and optimize enterprise liquidity.”

For more information about Kyriba’s Open API Platform, visit Kyriba.com or the Kyriba Developer Portal and listen to their webinar APIs:The Catalyst for Real-Time Treasury.

Why Do Currencies Fluctuate?

21-10-2021| treasuryXL | XE | LinkedIn

These days, some currency rates are jumping to all-time highs while others plunge to record lows. Exchange rates are constantly fluctuating, but what, exactly, causes a currency’s value to rise and fall? Simply put, currencies fluctuate based on supply and demand.

Most of the world’s currencies are bought and sold based on flexible exchange rates, meaning their prices fluctuate based on the supply and demand in the foreign exchange market. High demand for a currency or a shortage in its supply will cause an increase in price. A currency’s supply and demand are tied to a number of intertwined factors including the country’s monetary policy, the rate of inflation, and political and economic conditions.

Monetary Policy

One way a country may stimulate its economy is through its monetary policy. Many central banks attempt to control the demand for currency by increasing or decreasing the money supply and/or benchmark interest rates.

“With a low interest rate, people and businesses are more willing and able to borrow money”

The money supply is the amount of a currency in circulation. As a country’s money supply increases and the currency becomes more available, the price of borrowing the currency goes down. The interest rate is the price at which money can be borrowed. With a low interest rate, people and businesses are more willing and able to borrow money. As they continually spend this borrowed money, the economy grows. However, if there is too much money in the economy and the supply of goods and services does not increase accordingly, prices may begin to inflate.

Rate of Inflation

Another variable that heavily influences the value of a currency is the inflation rate. The inflation rate is the rate at which the general price of goods and services are increasing. While a small amount of inflation indicates a healthy economy, too much of an increase can cause economic instability, which may ultimately lead to the currency’s depreciation.

A country’s inflation rate and interest rates heavily influence its economy. If the inflation rate gets too high, the central bank may counteract the problem by raising the interest rate. This encourages people to stop spending and instead save their money. It also stimulates foreign investment and increases the amount of capital entering the marketplace, which leads to an increased demand for currency. Therefore, an increase in a country’s interest rate leads to an appreciation of its currency. Similarly, a decrease in an interest rate causes depreciation of the currency.

Political and Economic Conditions

The economic and political conditions of a country can also cause a currency’s value to fluctuate. While investors enjoy high interest rates, they also value the predictability of an investment. This is why currencies from politically stable and economically sound countries generally have higher demand, which, in turn, leads to higher exchange rates.

Markets continually monitor the current and expected future economic conditions of countries. In addition to money supply changes, interest rates, and inflation rates, other key economic indicators include gross domestic product, unemployment rate, housing starts, and trade balance (a country’s total exports less its total imports). If these indicators show a strong and growing economy, its currency will tend to appreciate as demand increases.

Similarly, strong political conditions impact currency values positively. If a country is in the midst of political unrest or global tensions, the currency becomes less attractive and demand falls. On the other hand, if a market sees the introduction of a new government that suggests stability or strong future economic growth, a currency may appreciate as people buy it based on the good news.

Conclusion

There is no single indicator that explains exactly why a currency has fluctuated or predicts with certainty what its price will do. Instead, many factors related to demand and supply affect currency values. What has been shown is that more knowledge and understanding of market conditions and their implications for currency fluctuations leads to more accurate predictions.

Recap #3: Round Table “Digital currencies for a digital future?” | Toekomst Betalingsverkeer

20-10-2021 | François de Witte | treasuryXL | LinkedIn

Here is my third and final recap where I will highlight the round table topic: Digital currencies for a digital future?

1. Introduction

On September 9, 2021, the event “Toekomst Betalingsverkeer” has taken place in Amsterdam. Amongst others, following topics were covered:

The Fintech evolution of banking.
Platform strategies & developments big tech.
Customer experience strategies.
Open banking.
Instant payments.

I hosted two round table sessions on “Payment Challenges in a Post-Covid” World and we made a deep dive on the following 3 topics:

Instant Payments – the new “normal”?
Request to Pay: the bridge between customer convenience and reconciliation?
Digital currencies for a digital future?

Click on the above links to read my previous articles where I discussed the first two topics.

2. Setting the Scene

Facebook’s Libra announcement in June 2019 has shaken up the finance industry, forcing regulators around the world to take a closer look at it. This has sped up analyses and projects around Central Bank Digital Currencies (CBDCs).

Moreover, the fears that the Covid-19 virus might live on banknotes and coins, fostered the development of CBCDs.

In the context of this article, CBDC is regarded as general-purpose central bank digital currency, which has 3 elements:

It is a digital currency and therefore only exists electronically.
Issued directly by a central bank;
Universally accessible.

Several countries started CBCD projects: e.g., China, The Bahamas, The Marshall Islands, Sweden, the UK and the EU.

For the digital Euro: According to the ECB, this will take 2 more years from now to establish its characteristics (See announcement ECB) .

3. Positioning of CBCDs versus the cryptocurrencies and the stablecoins

In the table below, you will find the positioning.

4. Current Status of the CBCDs

Below you can find an overview of CBDC adoption across global markets.

5. CBCDs: Benefits and Challenges

CBCDs offer several benefits such as:

Playing a role in retaining public money for general use. The increasing adoption of user-friendly digital money reduces the demand for cash, currently the only public form of money.
Acting as a backup for the critical infrastructure in the payment system, as physical cash currently has a function as backup during failures in non-cash payment. CBDC could serve as a parallel backup and its role could gradually become more prominent.
Considering the preferences of the public, related to privacy and the use of data. Some citizens and businesses value privacy when paying, as is the case with cash. Central banks could restrict the use of data generated by CBDC transactions to just that information required for public duties such as compliance with anti-money laundering legislation.
Facilitating financial inclusion: especially in countries whereinto everybody has access to a bank account with a commercial bank.
Enable new monetary policies: If central banks now want to pump money into the economy, the CBCDs are a new channel to get money directly into the economy.
Providing Financial security: There is less need for fractional banking and your bank can hardly fall over. This makes the deposit guarantee scheme virtually superfluous.
Capitalizing on « Trust », as it is supported by a central bank, whereas a stablecoin is merely capitalizing on technology and is not supported by a « Trusted » Party.

However, there are also some challenges such as:

Ensuring that the infrastructure for CBDC is sufficiently segregated from the current infrastructure to prevent both from becoming disrupted.
Time to market. The ECB is now starting to investigate what a digital euro might look like. This investigation phase will start in October 2021 and last for about two years. Other countries like Sweden and China seem to have a quicker time to market.
The risk that some central banks focus resources on other topics like instant payment and open banking models, rather than digital currencies.
A potential negative impact on the potential of commercial banks to cross-sell profitable products if customers were to switch to CBDC entirely. Banks use the payment account as an anchor to offer and grant higher-margin products such as mortgages and personal loans. Customers switching to CBDC entirely could put pressure on their profitability. The ECB took this into account by putting a maximum amount on CBCD accounts per citizen.

Thank you for reading!

To see all my previous blogs, click here.

François de Witte

A Letter of Credit is still an undervalued payment instrument! (Dutch Item)

| 19-10-2021 | Ger van Rosmalen | treasuryXL | LinkedIn

Vorige week was ik aanwezig bij Trends in Export 2021 en vanuit mijn eigen achtergrond was ik nieuwsgierig naar de ontwikkeling van het afdekken van betalingsrisico’s. Interessant om te zien is dat veel ondernemers nog steeds kiezen voor vooruitbetaling op basis van eigen gemak en kosten. Deze trend lijkt zich ten opzichte van voorgaande jaren weinig te wijzigen. Daarnaast lees ik dat veel exporteurs aangeven om voor een bepaalde betalingsrisicoafdekking te kiezen ingegeven door diverse factoren.

Welke factoren zijn dit onder meer?

Onbekendheid met de afnemer: 87% van de exporteurs zegt dit belangrijk tot heel belangrijk te vinden.
Slechte betalingservaring met afnemer: 77% vindt dit belangrijk tot heel belangrijk.
Risicovol exportgebied: 75% vindt dit belangrijk tot heel belangrijk.
Hoog risico in verhouding tot de totale omzet: 67% van de exporteurs vindt dit belangrijk tot heel belangrijk
Kosten van eventuele wanbetaling zijn hoger dan afdekken hiervan: 60% van de exporteurs vindt dit belangrijk tot heel belangrijk.
Geen vertrouwen in afnemers in het algemeen: 31% van de exporteurs geeft dit aan als belangrijk tot heel belangrijk.

Wat als een afnemer geen vooruitbetaling accepteert laat u de deal dan lopen? Indien ja dan denk ik dat u door geen gebruik te maken van het alternatief “Letter of Credit” u omzet laat liggen.

Bekendheid met dit product scoort bijzonder laag bij de exporteurs volgens Trends in Export.

Ik heb een mooi familiebedrijf mogen begeleiden die voorheen alleen op basis van vooruitbetaling zaken wilde doen. Geen vooruitbetaling, geen deal. Door ze mee te nemen in de wereld van Letters of Credit, stap voor stap kon ik ze maanden later los laten en gingen zij vol vertrouwen zelf aan de slag met deze uitstekende betalingsinstrumenten. Het heeft de omzet een mooie boost gegeven.

Laat u informeren over de mogelijkheden en onmogelijkheden van het gebruik van Letters of Credit. Welke risico’s er zijn en hoe uit te sluiten. Welke kosten van toepassing zijn.

Tradelinq Solutions neemt u graag mee in de wereld van Letters of Credit. We verzorgen trainingen in combinatie met andere betalingsinstrumenten. Ook de samenhang met Incoterms en Compliance is een vast onderdeel van de training. Support op basis van slechts 1 transactie is ook mogelijk. Alle ondersteuning is gebaseerd op overdragen van kennis. Het is voor ons belangrijk dat u begrijpt welke risico’s u loopt of uitsluit en op basis daarvan beslissingen kan nemen.

Ger van Rosmalen

Trade Finance Specialist

GTreasury Announces 2021 Cash Forecasting & Visibility Survey Report, Which Covers Key Trends in Corporate Treasury