Blockchain – Definition and context for a treasurer

Members unify with the need to address blockchain. Several of the presenters at our recent ACT Working Capital Conference referred to or were presenting software solutions which used blockchain. The ACT have written on blockchain in The Treasurer last year, and until recently our Wiki definition was drawn from a 2017 article. Member questions revealed a need to get back to basics on the subject: both to redefine blockchain (asked 11 times in one session) and to understand why treasurers may want to know how it works (10 times in the same session). Blockchain was presented as a means of enabling

ACT Middle East Treasury Summit: conference speaker Q&A

This year’s ACT Middle East Treasury Summit, 16-17 October in Dubai, will be your definitive technical update showcasing real treasury transformation case studies from senior leaders who have positioned their team as valuable, influential partners to the business. Here’s the latest Q&A with three of our conference speakers! Gary Slawther, Treasury Director, Arabtec Holding How do you think treasury has evolved over the previous 10 years? It has undoubtedly become a more strategic role, being seen as a key member of the CFO’s senior team and often presenting directly to the Board. This has been driven by two things: i. the

No cash management, no long-term future

Cash management is often seen as the routine part of the job, the bit where process can be perfected and no-one in the company takes much interest until something goes wrong, like a supplier is not paid. That is a myth! Cash management is the glue which holds the company together and it is the start of the whole strategic process. It’s also a way for the treasurer to get their foot in the door of operations and really find out what is going on. Funding the company is arguably the only job which the treasurer must always get right

It’s cash management – but not as you know it

It’s cash management – but not as you know it. That’s why we decided to give our annual cash management conference a new look this year – and a new name: Smart Cash. On 8-9 February 2017, the first conference of our 2017 events programme brought together nearly 200 cash management professionals over two days. An impressive panel with great insights from the Corporate users…how do you get comfortable with ‘clouds’ #smartcash17 (@dubey1234) A clear favourite with the audience were the sessions focusing on cyber security in treasury: a well-structured panel discussion, featuring corporate treasurers, as well as a cyber

Dispatches from the European front

Strategic, collaborative This was my first ACT Europe Conference, and strategic and collaborative are the adjectives that best describe the experience for me. A fantastic speaker faculty and a generous attendance made the event content-rich, interactive and stimulating. Temperature check We kicked-off by deploying our event app to check the temperature on current market conditions, business prospects and some hot-button political issues. Paired with tepid business confidence, the room overwhelmingly supported a stay-in vote in the June UK referendum. Even further, more than two thirds of the audience stated that they would not like their home country to hold a

ACT Cash Management Conference 2016

In a fast-changing environment of geopolitical shifts, regulatory change and technological innovation, it is sometimes difficult to identify where treasury professionals should focus. The recent ACT Cash Management Conference brought together more than 200 cash and treasury professionals over two days to address some of these issues and navigate through the complexity. We were really excited about showcasing our new events app which we put to good use with interactive voting sessions at the start of both days of the conference and participants were also able to leave feedback for sessions throughout. Day one kicked off with a fascinating keynote