Workstations stuck in neutral

Article Abstract:

Treasury workstation vendors are experiencing intense competition as demand for the product increases due to the push to automate and integrate treasury processes. The industry's largest vendors, XRT, ICMS and ADS are providing the software needed for general purposes. However, companies with large and complex debt and foreign-exchange dealings require an extra and much complicated software. This gives the three giants and other budding firms the chance to develop the ultimate treasury workstation. Alterna Technologies is trying to join in the competition with its new global treasury management system that also incoporates internet technology.

Computer Systems NEC, Computer software industry, Software industry, Software, Product information, Product introduction, Computer systems, Workstations (Computers), Advanced Distribution System Inc., ICMS International, XRT Inc., Alterna Technologies

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Creativity comes to short-term cash

Article Abstract:

Corporate finance officers of cash-rich corporations are breaking the traditions surrounding corporate cash by investing the money themselves. These finance officers consider investing their company's cash in investments as an ordinary risk management strategy. Many of these finance officers do the purchasing themselves, taking care to note the potential yield of their investments after taxes. Many of the investments are made on short-term instruments, lasting as long as 90 days. These kind of investments make around a 7% return on investments after taxes.

Finance, Investments, Corporations, Corporate finance

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Intranets still basic at best

Article Abstract:

The intranet is an advantageous instrument in streamlining financial operations. Treasurers and other finance executives should explore the unique features and applications of the intranet. The optimal use of the system facilitates cash management, other financial functions such as wire transfers and improves the productivity of treasurers. However, a survey of intranet use among treasurers reveal that its use hover from basic to nil. Finance managers have yet to unleash the versatile applications of the intranet.

Finance & Trade EDP Systems, Telecommunications systems, Online securities trading, Intranets, Finance departments, Financial computer applications

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