Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 17
FOCUS
When selling the project, what you need to stress is the
features of stronger internal controls, of a lower risk of
fraud perpetrated by disgruntled former employees, and of
greater efficiency in managing and rationalising the number
of accounts. You need to start from quantified assumptions.
Surely just one single fraud every ten years is justification
for putting a control system in place? Surely just one single
bank overcharging for bank fees is justification for setting up
controls over bank fees? How you will be able to economise
on resources with eBAM, during year end audits for example.
It has become difficult to open accounts, and also to operate
them. Having your annual financial statements qualified by
an auditor because you are not compliant is also harmful,
surely?
Types
of
Proxies
Power of Signature Validation Process
Commitment Authorities Power of Signature
Dpt
i n
charge
Legal
E.R.P.
Pyments
+
TMS
+
transmission
to
banks
Treasury
JAN 2018
Validation
A.A.L.
(Approver
Audit
List)
issuance
Audit
Annual
External/Internal
Audit
Reviews
N°99
I.T. team
- NOV / DEC /
I.T. System input
Issuance
of
Doc./Amendments/Validation
by
Board
LE MAGAZINE DU TRESORIER / TREASURER MAGAZINE
-
Multidisciplinary project
eBAM is a method of communication, a protocol
Projects such as this are strategically important as a solid
foundation for treasury management. eBAM is a method of
to be introduced, even though at first it may look
communication, a protocol to be introduced, even though
more like BAM that eBAM. Setting up a common
at first it may look more like BAM that eBAM. Setting up a
and complete register of all your bank accounts
common and complete register of all your bank accounts
worldwide is key.
worldwide is key. You can add other solutions such as SEPA
mail to it later to prevent the now classic IBAN frauds. At
a time when the word "fraud" makes people quake in their
boots, it would be a good idea to close ranks and prevent
this risk, together with the risk of non-compliance. This is a
multidisciplinary project which involves several departments
and several IT solutions (possibly). This is undoubtedly the
most manual part of treasury management, or at the very
least
the least automated part of it. Adding the management
of bank charges to this project can lead to substantial sa
vings and help justify the project from a financial standpoint.
Multidisciplinary project
to install an all-in-one solution,
The
ultimate goal would be
providing all modules in one single application (for example
Projects
such
as
this
are
strategically
important
as
a
solid
foundation
for
treasury
management.
eBAM
is
SAP Hana, Sungard, or Hanse Orga), but this is not essential.
a
method
of
communication,
a
protocol
to
be
introduced,
even
though
at
first
it
may
look
more
like
This is perhaps not the most value generating of projects, but
BAM
that
eBAM.
Setting
up
a
common
and
complete
register
of
all
your
bank
accounts
worldwide
is
key.
nevertheless it is the essential cement that binds together
You
can
add
other
solutions
such
as
SEPA
mail
to
it
later
to
prevent
the
now
classic
IBAN
frauds.
At
a
the foundations of state-of-the-art treasury management.
time
when
the
word
"fraud"
makes
people
quake
in
their
boots,
it
would
be
a
good
idea
to
close
ranks
and
prevent
this
risk,
together
with
the
risk
of
non--‐compliance.
This
is
a
multidisciplinary
project
which
François Masquelier,
involves
several
departments
and
several
IT
solutions
(possibly).
This
is
undoubtedly
the
most
manual
Chairman ATEL
part
of
treasury
management,
or
at
the
very
least
the
least
automated
part
of
it.
Adding
the
management
of
bank
charges
to
this
project
can
lead
to
substantial
savings
and
help
justify
the
project
from
a
financial
standpoint.
The
ultimate
goal
would
be
to
install
an
all--‐in--‐one
solution,
providing
all
modules
in
one
single
application
(for
example
SAP
Hana,
Sungard,
or
Hanse
Orga),
but
this
is
not
17
Table des matières de la publication Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018
COUVERTURE
SOMMAIRE
EDITORIAL
FINANCIAL HIGHLIGHTS Luxembourg Tax News
INTERVIEW with Dick Oskam, Head of Sales for Transaction at ING
FOCUS
Value generation - How to create (more) value for the company with a better capital allocation
Managing bank accounts, the Cinderella of treasury management
Treasury on the Digital Front Line
FORUM
Implementation of EU Tax Rules
Innovative payments solution
Construction de portefeuille : combiner gestion active et passive
Decision Time: Investing in Money Funds after EU Reforms
Payments as a Strategy
Are asia’s corporates ready to repo?
The evolving role of treasurers
THE FINANCIAL RISK OBSERVATORY
NEWS
LIFE BEYOND NUMBERS
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - COUVERTURE
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 2
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - SOMMAIRE
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 4
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - EDITORIAL
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - FINANCIAL HIGHLIGHTS Luxembourg Tax News
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 7
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - INTERVIEW with Dick Oskam, Head of Sales for Transaction at ING
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 9
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Value generation - How to create (more) value for the company with a better capital allocation
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 11
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 12
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 13
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Managing bank accounts, the Cinderella of treasury management
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 15
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 16
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 17
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 18
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Treasury on the Digital Front Line
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 20
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 21
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Implementation of EU Tax Rules
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 23
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Innovative payments solution
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 25
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Construction de portefeuille : combiner gestion active et passive
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 27
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Decision Time: Investing in Money Funds after EU Reforms
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 29
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Payments as a Strategy
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 31
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - Are asia’s corporates ready to repo?
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 33
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - The evolving role of treasurers
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 35
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 36
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - THE FINANCIAL RISK OBSERVATORY
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 38
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 39
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 40
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - NEWS
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 42
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 43
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 44
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 45
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 46
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 47
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 48
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 49
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 50
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 51
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 52
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - LIFE BEYOND NUMBERS
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 54
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 55
Trésorier/Treasurer magazine - N°99 - Nov/Dec/Jan 2018 - 56
https://www.nxtbook.fr/newpress/atel/99-4T2017
https://www.nxtbook.fr/newpress/atel/98-3T2017
https://www.nxtbook.fr/newpress/atel/97-2T2017
https://www.nxtbook.fr/newpress/atel/96-1T2017
https://www.nxtbook.fr/newpress/atel/95-4T2016
https://www.nxtbook.fr/newpress/atel/94-3T2016
https://www.nxtbook.fr/newpress/atel/93-2T2016
https://www.nxtbook.fr/newpress/atel/le-magazine-du-tresorier/92-1T2016
https://www.nxtbook.fr/newpress/atel/le-magazine-du-tresorier/91-4T2015
https://www.nxtbook.fr/newpress/atel/le-magazine-du-tresorier/90-3T2015
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/89-2T2015
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/88-1T2015
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/87-4T2014
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/86-3T2014
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/85-2T2014
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/84-1T2014
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/83-4T2013
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/82-3T2013
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/81-2T2013
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/80-1T2013
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/79-3T2012
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/78-2T2012
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/77-1T2012
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/76-4T2011
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/75-3T2011
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/74-2T2011
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/73-1T2011
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/72-4T2010
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/71-3T2010
https://www.nxtbook.com/newpress/atel/le-magazine-du-tresorier/70-2T2010
https://www.nxtbook.com/newpress/atel/le_magazine_du_tresorier-69-1T2010
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-68-4T2009
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-67-3T2009
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-66-2T2009
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-65-1T2009
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-63-3T2008
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-64-4T2008
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-62-2T2008
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-61-1T2008
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-60-4T2007
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-59-3T2007
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-58-2T2007
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-57-1T2007
https://www.nxtbook.com/newpress/atel/lemagazinedutresorier-56-4T2006
https://www.nxtbookmedia.com