Month: March 2018

Turning AP into a profit center

Transforming AP into a Profit Center

As discussed in the previous post, understanding the need to optimize working capital requires AP and Treasury to work together. So how can a historic cost center like AP become a profit center? The approach...

/ March 27, 2018
Choosing the Right Anti-Money Laundering Provider

Choosing the Right Anti-Money Laundering Provider: Getting the Answers You Need to Make a Smart Choice

A lot of change is affecting the banking industry, which is always followed by new and tougher regulations, often related to anti-money laundering. In January alone a regulation was discussed by the Senate regarding a...

/ March 19, 2018
Accounts payable

Why the Partnership between Treasury & AP Matters

As discussed in the previous post, Treasury understands that AP has a significant impact on working capital and accordingly, their stake in the success of AP is high. Optimizing working capital and liquidity requires that...

/ March 19, 2018

Effectively Bridging Legacy Technology in a Digital World: A Guide for Financial Institutions

The recent Banking Barometer, conducted by the Swiss Bankers Association (SBA),suggests that banks in Switzerland are facing major challenges: rising regulatory costs, negative interest rates, shrinking margins, increasing customer demands and last but not least, digitalisation....

/ March 16, 2018
Bank validation

Eliminating Failed Direct Debit Transactions with Bank Validation Technology

Corporations worldwide make billions of payments every day, yet they generally do so without first validating that the information surrounding those payments is correct. The result is a rejected payment that can cost upwards of...

/ March 9, 2018

The Importance of Measurement and the Treasurer’s Stake in AP

As discussed in a previous post, AP is often viewed as a cost center and Treasury, in conjunction with AP, is key to establishing the link between corporate goals and AP’s role. But what are...

/ March 6, 2018