Dump LC headaches overboard: thanks to Web-based trade finance, treasurers may finally be able to reduce the inefficiencies that make trade a cash management nightmare

Article Abstract:

The many varieties of letters of credit (LCs) can take an average of 15 days to complete, as bankers pore over a transaction's minutia looking for indiscernible discrepancies. Tom Durso the treasurer of Burton Snowboards states that with the LC process he would have to keep a fair amount of cash around available but with trade card they have the visibility of being able to find these transactions anywhere in the system and knowing when the cash flows are coming in that helps cash management.

Cash Management, Methods, Usage, Letters of credit

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Global supply chain management: front and center for treasurers: delivering innovative solutions that integrate financial and physical supply chains

Article Abstract:

The global supply chain is not being considered the domain of the treasurer but within the increasingly complex business environment the supply chain stands front and center among the treasurer's concerns. Financial institutions must take a client centric approach when developing innovative technology based solutions that support treasury's efforts to add value across the global supply chain.

Services development, Financial Corporations, Asset & Risk Management, Risk management, Financial institutions, Logistics, Business logistics, Company service development, Service development

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Making the call: Treasurers call convertible securities long after trigger points are hit

Article Abstract:

Corporate treasurers who call convertibles at the theoretical trigger point can continue to peruse market prices to determine if option premiums exists, but they can delay until there is a really good reason to call.

Finance, Brief Article, Corporations, Corporate finance

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