BCR Publishing
We are the leading provider of news, market intelligence, events and training for the global receivables finance industry.
Working with industry leading organisations, experts, governments and universities, BCR Publications delivers expertise in factoring, receivables and supply chain finance to a global audience.
BCR has long been a beacon of innovation and excellence in the realm of receivables finance, playing an instrumental role in shaping the industry’s international landscape. Through its comprehensive conferences, insightful publications, and thought leadership, BCR has facilitated crucial dialogues and connections among industry professionals, driving forward the development of receivables finance globally.
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AUTOMATING BANK FEE ANALYSIS AND BECOMING BEST IN CLASS
| 15-4-2019 | Vallstein | treasuryXL |
About Vallstein
Vallstein was built around the philosophy that transparency in bank relations should be equally relevant from the perspective of a corporate client towards its banks as vice versa. The history to date has proven Vallstein´s vision right. Clients applying Vallstein´s BRM solutions gain and maintain pro-active control over their banking charges based on sustained information advantages, enabling ongoing monitoring and business allocation based on transparency and best-practice benchmarking.
Why Vallstein
By opting for Vallstein, companies will not only gain access to the WalletSizing® Bank Fee Edition but will also avail itself of the know-how of over 18 years of experience in the development and management of Award-winning WalletSizing® and Bank Fee Management solutions and the associated global lead position in Bank Relationship Management.
The Bank Fee Edition enables the efficient implementation of this important initiative in controlling banking fees. Bank invoices will be uploaded and interfaced into the Bank Fee Edition in a seamless matter. Based on the insights and analytics and the associated benchmarks provided by Bank Fee Edition, companies will establish a solid basis for transparency and control on all its banking charges in cash management. Vallstein software solutions enable ongoing monitoring and reporting of the banking landscape, ensuring embedded pro-active control and compliance with banking policies and cash management pricing agreements negotiated with the banks.
Unlike other treasury systems and treasury consulting firms, Vallstein is solely and fully dedicated to BRM.
The nature of our client relationships varies and is entirely driven by the tailor-made approach from client to client. The majority of our clients operate in multiple countries, where in turn they maintain multiple local banking relationships. In supporting our clients on their bank relationship management Vallstein has thus developed a unique and extensive database covering market data on banking products and services from over 300 banks worldwide.
Furthermore, all the prices for Cash Management will be benchmarked on the basis of size and quantities per product and this will provide the company with the necessary insight in the business value of its Cash Management wallet. With this knowhowthe best practice prices in the market can be negotiated. For many of our clients this has lead to substantial savings on their annual Cash Management fees and an improved relationship with their bank(s).
Clients of Vallstein
Vallstein has served hundreds clients directly and indirectly in cooperation with its partners. These clients represent a wide range of industries and vary in size from EUR 30 mln to well over EUR 300 bln in annual sales. The clients are headquartered in a wide range of countries, including countries in the Middle East, Europe and North America and have operations in 180 countries world-wide. In many cases, the client relationship is multi-year, with our oldest client relationship indeed dating back to the year of inception of Vallstein in 2000.
Do you want to explore the possibilities for your company? Please contact Salco Herschberg.
Email: [email protected]
Tel. +31 (06) 46 59 73 34
Salco Herschberg
Country Head at Vallstein
REMINDER: CONGRES TOEKOMST VAN HET BETALINGSVERKEER
| 9-4-2019 | Euroforum | treasuryXL |
Het jaarcongres Toekomst van het Betalingsverkeer is al 20 jaar dé ontmoetingsplaats voor alle Payment Professionals in Nederland. Om deze mijlpaal te vieren wordt het programma dit jaar nog uitgebreider dan voorheen.
Op verschillende podia vertellen (inter) nationale Keynote Speakers de meest interessante verhalen. Daarnaast bestaat het programma uit diverse co-creatie sessies en round tables waar de meest prangende vraagstukken van dit moment worden besproken. Bij dit proces is uiteraard de Adviesraad weer nauw betrokken.
What’s Going on in Payments?
Wat kunt u op 18 april verwachten?
> Circa 300 Payment experts van strategisch niveau aanwezig om u netwerk te vergroten.
> Meer dan 10 C-Level speeches delen hun visie op: Digitale Transformatie van Banken, Succesvol samenwerken met Fintechs, de NextGen Klant, Nieuwe business modellen door PSD2,
Impact van Blockchain en Artificial Intelligence.
> Meer dan 15 Round Table Sessions over EID, PSD2 Update, Instant Payments, Cybersecurity, Crypto Currencies, Data driven business modellen.
> Gepresenteerd door de payments experts in Nederland vanuit Betaalinstellingen, de nieuwkomers, banken, PSP’s, frontrunning consultancys.
> Interactieve werkvormen zoals dit jaar ‘Battle of the Finance’ en ruim de gelegenheid om te netwerken.
Voor meer informatie over het volledige programma, de sprekers en de locatie kunt u de website van het event bezoeken.
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Gartner Blockchain Spectrum: a great tool for CIOs
| 08-4-2019 | Carlo de Meijer | treasuryXL
CIOs of companies are increasingly showing their interest in blockchain technology. In PwCs 2018 survey amongst a large number of business executives from 15 different industries in various countries, more than 80% of the respondents said their company was actively involved with blockchain technology. Some more than others. This is not surprising given the fact that blockchain may bring a number of great opportunities for enterprises, ranging from improvements in business processes to a complete overhaul of business models.
CIOs are under growing pressure to give guidance to decisions on ‘if’ and ‘how’ they should implement blockchain in their company. Within corporates there is a growing focus on the business challenges that blockchain could solve. CIOs however struggle with the issue of how and where to apply this technology as understanding is far from complete. While this technology is developing and changing fast, the features of blockchain are not (yet) fully mature, and current frameworks are far from adequate.
Looking at the various blockchain solutions that are coming to the market there is a lot of confusion which one would really meet the needs of companies when making up their decisions. This makes it for CIOs a very complex exercise.
Gartner recently launched its Blockchain Spectrum that should enable CIOs to take the right decisions and “make the right investments at the right time”.
PwC Survey: present attitude of CIOs
PwC (PricewaterhouseCoopers) recently launched a survey amongst a large number of CIOs from various industries on their attitude towards blockchain. It gives us some interesting insights about the CIOs present view on blockchain technology.
Survey results
This survey shows that many CIOs embrace blockchain. One of their findings was that 84% of the surveyed had at least some interest around blockchain. Not surprising given the enormous hype surrounding this technology. But the idea what blockchain really means for their company and how it should be implemented is still rather limited.
Looking more detailed into the survey results a very diverse picture of how companies are involved arises. For many CIOs blockchain is not yet a priority, at least compared to other new technologies including AI, Big Data analytics, and cloud. Only 15% has gone live while 10% is in the pilot stage. The large majority has just started in terms of research (20%) and development (32%).
The industries that are thereby leading are financial services (46%) and industrial products and manufacturing (46%). It should be mentioned that the financial services sector fell back from 82% in 2017. The survey respondents however still believe that financial services will remain the “current and near-term leader” of blockchain adoption. But there is increased potential in other areas such as energy & utilities, and healthcare.
Non-optimal blockchain solutions
Most blockchain initiatives today are Proof of Concepts (PoCs) that do not have real value. The existing models for blockchain that corporates operate are immature and therefore not suited to realise the various capabilities of blockchain technology. Most trials do not account for the evolutionary nature of blockchain “that leads to a spectrum of possibilities over time”.
“Inadequate understanding, lack of proven scalable models, inability to think beyond today’s business paradigms, lack of talent, and internal and external pressure to do something lead to tepid proofs of concept (POCs).” Gartner
Only 5% to 10% of current PoCs is expected to eventually “graduate to a preproduction” solution, with “major refactoring of requirements and architecture”. Even the ones that move beyond PoCs use just a “subset of blockchain capabilities” and that within current business models. They offer little or no decentralization and tokenization, being the most valuable features of blockchain.
This has much to do with “unwillingness or inability” to think beyond today’s business models and processes, according to Gartner.
Read the full article of our expert Carlo de Meijer on LinkedIn
Carlo de Meijer
Economist and researcher