Posts Tagged ‘Working Capital Management’
Thursday, May 10th, 2012
By Martin Schneider
Most of the articles on cash forecasting and liquidity management in treasury publications focus on technology. See for example our April newsletter and a gtnews article by Lisa Rossi of Deutsche Bank.
What we miss in these articles is the human factor. Based on our experience in coaching local finance staff, it is often difficult to include the new process into their daily work. Professional treasury staff in the group treasury adopt new processes easily but local people need time and coaching. Two considerations:
- New software disturbs an existing process. Often, only some months after roll-out can old software be replaced or processes be adapted. It is simply too easy to install a new software.
- Most of us in finance are extremely detail-oriented and introverts. When forecasting, we act as accountants and try to quantify the future. Liquidity planning is a guess though, so it needs some extravert brain cells. From our experience, it’s better make a guess and enter a rounded number than to calculate and spend hours of forecasting the future by cents.
Tags:Cash Management, Liquidity Planning, Martin Schneider, Working Capital Management
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Tuesday, April 17th, 2012
In this month’s Issue:
TOMATO UPDATES
- Martin’s Conclusion on Corporate Mobile Payments
FINANCE, BANKING AND IT
- Mobilität kein Sicherheitsproblem
- GTNews on Mobile Banking and Payments
- Improving Cash Flow Forecasting
- Treasury Departments Warming Up to Clouds
- Report on IT Strategy and Cloud Roundtable Discussion
- Is IT Innovation more Important than Cost Cutting?
CAREER AND MANAGEMENT
- Goldman Sachs’News with Ramifications
- Six Habits of Strategic Leaders
- Main Reason Why Top Talents Quit
Enjoy and comment!
http://www.tomato.ch/newsletter-2012-04.html
Tags:Cash Management, CFO, CIO, global payments, international payments, Mobile payments, Tomato, Working Capital Management
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Wednesday, February 22nd, 2012
Tomato Newsletter Nr. 146 – February 2012
Topics:
TOMATO UPDATES
- Corporate Payments via Mobile? Martin Schneiders Interview in “Der Treasurer”
FINANCE, BANKING ANT IT
- Kunden erwarten mehr von Banken
- Criteria Corporates Use to Select Banking Partners
- Four Things Internal Auditors Require from CFOs
- Buy or Lease? Preparing for New Regulations
- CIOs müsssen während der Eurokrise Business Continuity garantieren
- Daten auf Android Smartphones sicher löschen
CAREER AND MANAGEMENT
- How One CIO Hires the Best IT Workers
- Work Habits that Could End Your Career
- Leader versus Manager: What’s more Important
Enjoy these News ‘n Views and send us your feedback or recommend topics that would interest you!
Tags:Banking, Cash Management, CFO, CIO, financial flow optimization, international payments, Martin Schneider, Mobile payments, Treasury, Working Capital Management
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Monday, September 26th, 2011
Contents:
TOMATO UPDATES
- ZfU-Working Capital Management Seminar: A Success because…
FINANCE AND BANKING
- Zwei Reports über den Online-Handel der Deutschen Bank
- Swift-Studie zu Banken und Liquiditätsrisiken
- GTNews’ Cash Management and Trade Finance Survey 2011
- Is Mobile Banking Entering a Golden Age?
- Risk Envisionment vs Risk Management
IT
- Challenge for IT: Providing Technology Leadership
- How Desktop Virtualization Can Help IT Manage Consumer Devices
- CIO Magazine’s Reading Suggestions
MISCELLANEOUS
- Switzerland Tops Overall Ranking in The Global Competitiveness Report 2011-1012
Enjoy our September News ‘n Views!
Your Tomato Team
Tags:Banking, Cash Management, CFO, CIO, global payments, international payments, Risk Management, Swift, Tomato, Working Capital Management
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Wednesday, September 21st, 2011
GTNews will present Strategic Cash & Treasury Management, a three-day course that gives corporate treasury professionals and those with a business interest in treasury the chance to improve their treasury skill set by learning from best practice in treasury, corporate finance, working capital and risk.
26 – 28 September, Zurich
(Details and registration…)
Tags:Cash Management, CFO, global payments, international payments, Liquidity Planning, payments, Risk Management, Working Capital Management
Posted in Tomato, Uncategorized | No Comments »
Thursday, August 11th, 2011
Modernes Working Capital Management in der Praxis
Sichern Sie sich finanzielle Flexibilität und Unabhängigkeit
30. August 2011: 8:00 – 18:00 Uhr
Dieses Seminar der Finance & Controlling Academy richtet sich an
- Mitglieder der Geschäftsleitung, die für Finanzen und Controlling verantwortlich sind
- Führungskräfte aus den Bereichen Finanz- und Rechnungswesen, Controlling und
- Unternehmensplanung und deren Mitarbeiter
- Leiter der Bereiche Einkauf, Materialwirtschaft, Produktion und Vertrieb
Veranstaltungsort: ZfU-Campus “Orangerie”CH-8800 Thalwil am Zürichsee. www.zfu.ch/pdf/hotel/ora.pdf
Tags:Cash Management, CFO, Liquidity Planning, Working Capital Management
Posted in News 'n Views, Tomato | No Comments »
Monday, June 27th, 2011
In Today’s Issue:
TOMATO UPDATES
- Tomato Podcast: How to Access Your Bank Accounts European-wide
- Twitter Postings
FINANCE AND BANKING
- Doppelbesteuerungsabkommen mit Deutschland: Die Folgen
- Swiss Bank Accounts: Steuerflucht oder Service und Qualität?
- Event: Indirekte Steuern im ERP-System
- What’s Your IQ on Corporate Tax Policies around the World? Take the Quiz!
- Canada’s Contribution to the Global Understanding of Risk
- Understanding and Controlling Financial Risk
IT
- Swiss CIO: Sonderausgabe von Computerworld
- CIO’s Role as Business Forecaster
MISCELLANEOUS
- Cities of Opportunity: Standortvergleich
Enjoy the variety!
Tags:Banking, Cash Management, CFO, CIO, international payments, Tomato, Working Capital Management
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