Posts Tagged ‘TRM’

Wake-up Europe, Time to Quick-Start IFRS 9 Initiatives

EU Endorses IFRS 9 The wait is over. Finally, the European Commission endorsed IFRS 9: Financial Instruments on 22 November 2016, and companies in the EU have a lot of catching up to do. The replacement of IAS 39 will become effective for financial years beginning on or after 1 January 2018. Since the final…

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PEFCO Gains Operational Efficiencies with Reval and Oracle Financials Cloud

Achieves STP for Treasury and Risk Management in the Cloud New York – December 20, 2016 – Private Export Funding Corporation (PEFCO) is now able to automatically post general ledger entries from Reval directly to Oracle Financials Cloud, leveraging Reval’s cloud-to-cloud integration with Oracle earlier this year. Reval is a software-as-a-service solution for Treasury and…

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Running Treasury on Spreadsheets: A No Go

For small treasury teams that are working with spreadsheets, fast company growth is a challenge. They have to handle day-to-day operations efficiently and securely in order to keep an overview on cash and risk positions. Let´s review why spreadsheets are not an option for expanding companies. 1.    Spreadsheets don’t grow with your business Treasury teams…

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5 Steps to Build an In-House Bank

In a Reval recent poll, 63% of respondents said they were already implementing or planning to introduce in-house banking to reduce costs, increase control and improve visibility. Treasurers in multinational organizations face high complexity. As their teams operate across many countries, currencies, systems and regulatory regimes, it is difficult to keep an overview on enterprise-wide cash…

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3 Ways Lack of System Integration Costs Treasury

Treasury professionals around the world are struggling with disparate systems. While stuck deep in their day-to-day operations, they often don´t take the time to think about ways to improve software connectivity. However, disconnected processes and systems cost treasury a significant amount of time and money. Here´s why: Manual work is error-prone and time-consuming The Global…

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Cyberattacks: 3 Things Treasury Can Do to Improve Security

What do Sony Pictures, Swiss Bank BCGE and US health insurer Anthem have in common? All three have been in the news in the past months, because these companies have been victims to cybercrime. As thousands of cyberattacks happen in real-time, protecting a company´s data from cyberattacks and fraud is a key task to IT…

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Treasury Technology: What Tools Are Used Today? And Tomorrow?

Treasury is changing, says 85 percent of the 200 global finance professionals who responded to Reval´s survey, “How Future-Proof Is Your Treasury”. Drivers for treasury transformation are new and changing regulations, inefficient processes and market volatility. Over 80 percent of survey participants say they consider technology as an enabler for treasury transformation. For this reason,…

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Reval Recommends: Top 10 Articles in January

Reval’s Solutions Consulting team helps treasurers around the world leverage technology for operational and strategic challenges. They keep a strong pulse on the market and are Reval’s think tank focusing on best practice financial risk, cash and liquidity management strategies and tactics. As such, here are their must read articles from January. 1. Why this…

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Top Treasury Grapevine Blogs of 2014

Which Reval stories have caught the most attention in the treasury space over the past 12 months? Read our top  blogs of  2014: Forecasting the future: why treasury needs to work smarter than ever – January 2014 Top three reasons why now is the time for a TRM (Treasury Risk Management) system – April 2014…

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