The latest Association for Financial Professionals® (AFP) 2019 AFP Risk Survey - The Evolving Treasury Ecosystem, examines the challenges that companies are facing regarding their treasury operations, with an emphasis on how they are looking to leverage new technologies.
A IFRS 9 Financial Instruments is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement. The Standard includes requirements for recognition and measurement, impairment, derecognition and general hedge accounting.
Webinar Video Treasury - Cash Management. How many accounts are too many? Do you know where your cash is?
Gain insights from leading experts on the latest trends in Cash Management and what best in class companies are doing to more effectively manage their cash. With over 20 years of hands on experience and leadership in the area of Treasury, our team shares a framework for approaching your cash management transformation.
Companies operating in today’s diverse global environments face unprecedented challenges with regard to managing capital assets, especially cash accounts that are distributed throughout multiple operating entities in different countries. These challenges are exacerbated within companies that have grown via merger and acquisition (M&A) strategies, which often results in trying to manage cash accounts across a variety of legacy financial systems.
CFOs and treasury departments need to optimize their companies’ cash agility amidst volatile foreign currency exchange (FX) environments while also complying with constantly changing regulatory environments and escalating global competitive pressures.
At the same time, many companies are realizing that leveraging new treasury-focused technologies and best practices in cash management can provide valuable benefits in terms of improving operating results, maximizing asset utilization and enhancing their ability to quickly respond to new opportunities.
Instituting strong enterprise-wide cash management is also saving valuable time and resources, thereby enabling finance staff to better contribute to high-value activities such as analysis, planning and decision support.
In the session we've shared insights on key trends and challenges driving Treasurers and finance organizations to look to and new Finance Innovation Platform. You will hear about cash and cash management, banking and risk management challenges and how SAP helps solve them.
We have shared insights from a recent banking consolidation project and provided recommendations on how you can save time and money and free up resources to provide analysis and insight by leveraging Machine Learning apps. We have also covered crucial impacts and interactions of key compliance standards such as IFRS 16 and IFRS 9 on the treasury community.
Learn to take advantage of SAP Leonardo machine learning to automate your cash application using SAP Cash Application. Explore how to leverage SAP S/4HANA and send incoming payment and open invoice information to a matching engine built using the SAP Cloud Platform. Open invoices are matched against incoming payments and either automatically cleared or a proposed clearing is made and ready for review. The more SAP Cash Application is used, the more clearing is automated.
Compliance is critical to treasury, and having a compliance-oriented mindset in the leadership of the treasury organization is especially important. Treasury departments handle a very substantial portion of the balance sheet. They’re managing the liquidity of the company, dealing with business units in many countries around the world.