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Why Big5 and not another personality assessment?

| 12-07-2019 | by Kendra Keydeniers |

Our deeper dive into the Big 5 model continues with our next topic:

Introduction
Why a personality assessment in the Treasurer Test?
Why Big5 and not another personality assessment?
What do we see in the peer group?
The traits measured
A connection between traits and skills?

Since the start of the development of the Treasurer Test we were convinced that including a personality assessment would bring added value. In a previous blog we describe why there are many well-known and documented typologies and standards for personality testing in the market. Without describing others in detail, this is what we like about the Big5 model.

Big5 consists of a set of traits that describe the personality of the candidate that consistently define behaviour. A number of other assessments measure a wide variety of other aspects in a person that do not necessarily predict behaviour

The Treasurer Test questionnaire based on theBig5 typology is designed with a working and professional perspective in mind. The questionnaire is not derived from questionnaires that are used for clinical purposes. It is taken into consideration that candidates with various cultural backgrounds will make the test, although these will have an effect that cannot be erased completely

As with many other assessments, Big5 is a self-assessment. Our test developers have chosen for accessible questionnaires and paid attention to wording that matches the audience (well-educated professionals). Repetition is unavoidable in order to measure consistency: there is no shortcut that delivers the same quality. The way questions are asked helps the candidate to avoid giving the answers he/she thinks are the socially acceptable

Many scientific institutes work with Big5 creating a vast amount of data and thus solidifying the typology. There is no single, commercial institute that owns the concept and has to balance quality and sales. There is no monopoly in the training of experts using Big5

Many typologies work with a binary mindset: “if you are red, you are not green” or “you are either introvert or extravert but not somewhere in between””. There are even models that put, for example, rational and emotional on one axis. It’s like comparing apples and oranges. This type of thinking is often quite convenient, but the reality is often not black and white. All this is taken into consideration with Big5: single aspects are measured on one continuum

Statistics have proven their value in science and modern life. The fundament of Big5 lies in solid numbers, Gauss curves and related concepts. Results are robust and can be reproduced. Scientists from independent institutes, who focus on methods and techniques helped building Big5.

There is a vast amount of scientific literature on this topic. With your cooperation we will include links to relevant input.

On behalf of Team Treasurer Test,

Kendra Keydeniers
Community & Partner Manager at treasuryXL

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Introduction of two Community Ambassadors: Francois and Marco

| 11-07-2019 | by Kendra Keydeniers |

treasuryXL is happy to announce a close cooperation with François De Witte and Marco Lassche. As community ambassadors they will contribute to further raise the level of the treasury function, both for the inner circle: corporate treasurers, bankers & consultants, as well for the non-treasurers.

François De Witte has worked over 30 years in banking and is founder of FDW Consult, specialized in finance and treasury consulting. With his broad treasury career, his key areas of expertise are International Payments & Cash management, treasury, working capital management, financing & advisory, open banking, digital banking and IT strategy.

“I am eager to share my large experience in treasury, banking and innovation with the TreasuryXL community” said François.

François will bring added value to the community with its innovative and broad corporate finance and treasury experience. He operates from Belgium.

Marco Lassche started his ‘World of Treasury’ career in 2002 and has become a professional in banking, corporate treasury both in large, international corporates as well as mid-sized

companies. In 2018 Marco founded ‘Bedrijfskostenexpert’, a Dutch company specialized in Cost Reduction, working on a No Cure, No Pay

base. Marco his core expertise’s are Cash management, Funding, Risk Management, Setup in-house bank and cost savings.

“I am looking forward being part of this growing treasury community. Let’s take treasuryXL together to the next level as a leading portal for treasurers and non-treasurers.” said Marco

Marco will give the community an energy boost and he can’t wait to share his knowledge to enhance the treasuryXL platform. He operates from The Netherlands.

The club of treasuryXL ambassadors now exists out of three: François De Witte, Marco Lassche and Pieter de Kiewit – owner of Treasurer Search.

“Large corporates invest substantially in continuous improvement and innovation of their treasury function. Mid-sized corporates often miss opportunities in, and pay too much for basic treasury. I think there is a lot to be gained in increasing the acceptance of corporate treasury and its’ development. I would like to contribute.” Said Pieter de Kiewit, owner at Treasurer Search.

Keep an eye out for these treasuryXL ambassadors, they will deliver useful and inspiring topics throughout the year.

About treasuryXL
treasuryXL is built by treasurers to serve treasurers and non-treasurers. 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 services in collaboration with flex treasurers.
a broad network of highly valued partners and experts.

Kendra Keydeniers
Community & Partner Manager at treasuryXL

Why is cash flow forecasting still an issue?

| 09-07-2019 | by treasuryXL | Kendra Keydeniers

Cash forecasting is a vital part of the treasury role – and for all too many treasurers it’s a time consuming, difficult job where insufficient system support makes data management, analysis and reporting a time-consuming nightmare.

However, the good news is that it doesn’t have to be that way! In this insightful webinar hosted by The Global Treasurer and Analyste, they will:

Discuss why cash forecasting is still an issue
Delve into the barriers preventing corporate treasurers from making cash forecasting a simple task
Investigate the technology solutions making it easier than ever before
Work out a roadmap that will help treasurers ease their cash forecasting worries

The first step towards simplified cash forecasting: Register now for the Webinar on 17 September 2019 from 11:00AM to Midday BST

We are the leading provider of news, market intelligence, events and training for the global receivables finance industry.

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