CompleXCountries

One of the main takeaways from the recent CompleXCountries peer discussion on Funding Working Capital is that, for some companies, managing working capital is a key strategic goal (in our survey of September 2024, 44.6 % said their company has a formal working capital policy): this is reflected in the measurements and tools, which vary to reflect regional differences. Some use working capital financing if it is a cheaper source of funding: they often find it is not - though some find it is. Many participants are interested, but prioritise operational issues, such as improving supplier payment terms or late collections. You can read our commentary here: https://lnkd.in/eMur3cTd The full report is available to premium subscribers. With thanks to Damian Glendinning and Monie Lindsey

Argentina: have the shock devaluation and the rise in interest rates had the desired effect of making the currency more convertible, and starting the economy on the – slow and painful – road to recovery - and how are corporate treasurers coping? Our commentary is based on a senior peer group discussion between corporate treasurers responsible for Argentina - you can read it here:https://lnkd.in/epaC4mpK With thanks to Damian Glendinning and Monie Lindsey

Egypt is a challenging country. Over the past few years, corporate treasurers have experienced significant difficulties obtaining foreign currency and local funding. The difficult measures taken by the government seem to be going some way to addressing the issues – with important help from some of the Gulf countries. Read our commentary, based on a detailed treasury peer discussion here: https://lnkd.in/eCp9rikw

Turkey has moved from some highly unusual economic approaches to ones which are more conventional: devaluation, higher interest rates. Our latest report examines how this has impacted corporate treasury activity, including funding, FX, FX hedging and working capital. You can read our commentary here: https://lnkd.in/eUFCt9zZ

Working Capital, it needs to be funded and managed; accounts receivable and payable teams need to be staffed, while inventory brings warehousing costs and obsolescence risks - where does corporate treasury come in? This report explores the role of treasurers, and the involvement in the business decisions: this is a real test of treasurers’ influence. It is based on a rich and lively peer group discussion. Read our commentary here: https://lnkd.in/dGkgMgAA

In the CXC poll on the use of AI in cash forecasting ten percent of respondents said they were using AI in their cash forecasting and a further 17% have plans to do so. Sixty seven percent are interested in AI for forecasting but have no plans in place and only seven percent are not interested. You can read our commentary (based on an 18 page report) here: https://lnkd.in/e7iMJJvU Artificial Intelligence – AI – is very much the rage. Admittedly, this peer discussion was about AI in cash forecasting, but it left the very real impression that every participant felt the need to have an AI story. In most cases, this lies somewhere in the future: while some people are quite advanced, for most, it is a work in progress. You can read our commentary (based on an 18 page report) here: https://lnkd.in/e7iMJJvU

Here is the latest CXC commentary on Corporate Treasury in the Caribbean. https://lnkd.in/eK_-JjsS #FX #Treasury #Banking Scotiabank - Global Banking and Markets Citi #Guyana #DominicanRepublic #Jamaica #TrinidadandTobago

CompleXCountries are partners for the EuroFinance International Treasury Management conference in Copenhagen. If you are planning to go - we hope to meet you. If you are thinking of going, here’s a bit more about the event: Dates: 2nd - 4th October Theme: Building intelligent treasury together Delegates: 2,200 senior treasury professionals 150+ speakers include Treasurers from: Bose • eBay • Finnair • Lego •Medtronic • Mars • FedEx • Maersk Tankers • Roche • LyondellBasell • Novo Nordisk • General Mills • Booking Holdings Inc. • Equinor • Colgate-Palmolive • ABB • Save the Children International • Salesforce and many more. For the full agenda, please visit: https://bit.ly/3W7id1Q CXC 10% discount code: MKTG/CXC10

Here's a very brief presentation on how CXC works and the value we deliver to corporate treasury professionals including our independent commentaries which we do not charge for.

CompleXCountries are partners for the EuroFinance International Treasury Management conference in Copenhagen. If you are planning to go - we hope to meet you. If you are thinking of going, here’s a bit more about the event: Dates: 2nd - 4th October Theme: Building intelligent treasury together Delegates: 2,200 senior treasury professionals 150+ speakers include Treasurers from: Bose • eBay • Finnair • Lego •Medtronic • Mars • FedEx • Maersk Tankers • Roche • LyondellBasell • Novo Nordisk • General Mills • Booking Holdings Inc. • Equinor • Colgate-Palmolive • ABB • Save the Children International • Salesforce and many more. For the full agenda, please visit: https://bit.ly/3W7id1Q CXC 10% discount code: MKTG/CXC10 Early bird registration deadline for further savings is 26th July.