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In its report, TD Bank found that 58 percent of treasurers said they were optimistic about tax reform’s ability to positively impact their companies; more than a third said they expect the legislation to positively impact their companies’ finances in particular. corporates from spending their rising cash reserves.
Small businesses are anxious, and there is evidence that large corporates’ cashmanagement and investment strategies are also being shaped by political uncertainty. Small business employment, cash reserves and FinTech investment plans are all being shaped by this year’s presidential election. That amounts to $28.9
New research from Asset Benchmark Research suggests ties with regulators and even reputation are not the number one priority for corporate treasurers looking for a cashmanagement provider. Only 13 percent said they decreased the number of cashmanagement solution providers with which they were working.
In their Strategic Role of Treasury Survey , the AFP and Marsh & McLennan identified the forces pressing companies to shift the treasury department into a more strategic position. Capital allocation, financial risk management, and treasury and payment technologies are also key areas of focus, researchers found.
The Association for Financial Professionals (AFP) released its 2016 Electronic Payments Survey earlier this year and found that use of paper checks in B2B payments actually rose 1 percent compared to 2013 levels. About 44 percent of payments received are in the form of a paper check too, the report noted.
New research finds that nearly all corporate treasurers agree that their relationship with financial institutions is a key factor in determining which bank to work with and where to invest short-term cash. The findings were detailed in the latest 2016 AFP Liquidity Survey , underwritten by State Street Global Advisors (SSGA).
On the eve of the Same Day ACH rollout, the Association of Financial Professionals (AFP) published its 2016 Electronic Payments Survey , released every three years to examine corporate payment trends. It’s unlikely that one payment technology will become so popular that it drives others into irrelevancy, he said.
Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cashmanagement suite of services. FinTechs Move Money To Vendors Faster.
More recently, the Association for Financial Professionals’ (AFP) 2017 Risk Survey found nearly half of businesses say their exposure to uncertainty is higher than it was three years ago, and 51 percent say forecasting risks will be more difficult three years from now than it is today. In the U.S.,
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