Strategic Intelligence for CFOs, Finance Directors, Controllers and Treasurers in Asia |
2012, May 22
2012, May 22 To succeed and grow in this post-crisis era, corporations will need to capitalise on change and seize new opportunities to generate cash and optimize liquidity, says IDC/Financial Insights.
"Atop the priority list of the corporate finance executive is an emphasis on the receivables portfolio as a strategic asset and means to create liquidity," says Jeanne Capachin, research vice president, IDC/Financial Insights.
Capachin adds that continued streamlined management of banking relationships and prudent risk management will also be a focus. For many corporations, these initiatives will need to be managed within the context of evolving global business requirements, regional nuances and changing regulation.
“Corporations are thinking about key initiatives that will help them optimize liquidity, streamline communications, and lower operational costs. To capitalize on the changes that we’ve seen in our industry, corporations are looking to introduce innovation and efficiency into the management of cash and risk and their surrounding workflow processes. For instance, corporations will look at alternative financing options; in particular they will leverage their trade receivables in their overall capital structure,” adds Scott Coffing, president of SunGard’s corporate liquidity business.
SunGard has identified 10 trends impacting how corporations approach liquidity management. These trends include:
1. Corporations will increase demand for hosting and managed services of their financial applications
2. More organisations will utilize statistical modeling for corporate credit risk assessment
3. There will be a continued increase in trade financing of suppliers
4. Corporations will more strategically leverage their receivables in their overall capital structure
5. Organisations will continue to increase their vendor/supplier counterparty risk assessment
6. Corporations will adopt more advanced modeling for evaluating FX risk
7. As the SEPA ‘end-date’ nears, corporations will have a renewed focus on compliance
8. Hub and spoke networks will be adopted to facilitate corporate-bank communications
9. North American organisations will escalate migration from paper checks to ACH, EFT and card payments
10. Corporations in emerging markets will increase their adoption of SWIFT messaging
MORE ARTICLES ON CASH AND LIQUIDITY MANAGEMENT
CFO innovation Asia Accounting and Regulation the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Accounting Regulation, IFRS, US GAAP, Tax, investor relations, corporate governance, Corporate Law, Financial Regulators, Internal Audit, Audit, Corporate Law. |
CFO innovation Asia, Finance and Banking the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Corporate Finance, trade finance, treasury and risk management, capital expenditure, Banking, mergers and acquisitions |
CFO innovation Asia the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Management, Corporate Governance, Human Resource Management, Compensation and Benefits, Mergers and Acquisitions, Professional Development, Corporate Real Estate, Risk Management, Budgeting and Forecasting, Business Process Management, Business Process Reengineering, Outsourcing. |
CFO innovation Asia Technology the Asia Pacific resource center for senior finance executives, daily news, analysis, best practice and case studies in Finance Systems, Business Intelligence, EPR, Accounting software, CRM, Cloud Computing, Telecommunications, Business Process Outsourcing, Business Process Management Software. |
0 comments
Print
Digg