BF_TREASURY LINK_ Penton Media June 3, 2009 If you want to view this on the web go to: http://enews.penton.com/enews/businessfinance/v/186 ---------------------------------------- ADVERTISEMENT Hear Robert Kaplan Discuss Strategy for Measurable Benefits The 6th Annual BPM Summit, Generating Value Through Visibility, brought together some of the business world's foremost practitioners to explore the transformational role of finance in the enterprise. If you missed the live event, you can still enjoy unlimited access to the audio and slide shows from the keynote speaker presentations at our on-demand archive. http://bpmmag.net/summit/2008/ ---------------------------------------- TODAY'S ALERTS --Hedging Your Bets With Exchange-Traded Instruments If your firm is in the habit of using over-the-counter (OTC) products to hedge its exposure to interest rate changes and foreign currency fluctuations, now might be a good time to consider exchange-traded instruments, such as futures and options. To view the full article go to: http://bigfatfinanceblog.com/2009/05/27/hedging-your-bets/ --HSBC Study: Execs See Opportunity Abroad Although a World Bank report found signs of growing protectionism among G-20 countries, a new HSBC Bank USA survey revealed that business execs are still turning to foreign markets for growth. In fact, the proportion of executives boosting their overseas sales targets jumped from 49 percent to 56 percent between 2008 and 2009. To view the full article go to: http://bigfatfinanceblog.com/2009/06/02/hsbc-study-execs-see-opportunity-abroad-and-in-managing-expenses/ --Analyzing Bank Fees Can Pay Off Treasurers and CFOs searching for opportunities to shave expenses will want to consider the banking fees they pay. By analyzing just what services their firms are using and the fees they're paying, they can cut costs and streamline the services they receive. The amount a company can save by digging into its banking bills will vary with its size and the volume of banking services it uses, according to Stacey Gilmore, treasury management consultant with Chesapeake System Solutions, Inc. However, nearly every company, with a little work, can uncover savings. To view the full article go to: http://bigfatfinanceblog.com/2009/05/21/analyzing-bank-fees-can-pay-off/ --What to Do When Cash Is Tight Do you know where your cash is? In a recent survey by APQC, nine out of 10 CFOs said that they are scrambling to figure out where the cash is and how to keep a firm grip on it, and a majority are taking steps to generate cash internally. APQC identified moves CFOs should make to manage the issue, but to do any of these, CFOs need one more thing: visibility into the organization's various cash-generating and cash-consuming activities. To view the full article go to: http://bigfatfinanceblog.com/2009/05/13/cash-is-king/ --Dividends Take a Hit During the first quarter of 2009, 367 companies, out of the 7,000-some that report dividend information to Standard & Poor's, decreased their dividend payments. In the more than half a century that S&P has recorded these statistics, this is the first time that dividend cuts have outnumbered increases, according to the firm. At this point, it's too early to tell if this change represents a permanent shift in the way that companies determine dividend payments. To view the full article go to: http://bigfatfinanceblog.com/2009/05/19/dividends-take-a-hit/ --SWIFT for Corporates Gets Easier to Use If you're a treasurer with a mid-size company, you may want to take another look at SWIFT for Corporates. In April, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), which provides a communications platform as well as products and services to connect banks, companies, and securities firms around the world, launched Alliance Lite. This new Internet-based service lets companies work with SWIFT in a low-cost, easy-access way. To view the full article go to: http://bigfatfinanceblog.com/2009/05/12/swift-for-corporates-gets-easier-to-use/ --Legislation on Credit Card Fees Moves Through Congress Lost in much of the hoopla regarding pending credit card legislation is the impact a proposed amendment may have on businesses, as well as consumers. The proposed Welch-Shuster Credit Card Interchange Fees Act of 2009 would, among other things, let merchants refuse to accept cards with especially high fees, permit retailers to set minimum purchase levels for customers using charge cards, and allow them to choose the financial routing system that's least costly. To view the full article go to: http://bigfatfinanceblog.com/2009/05/15/legislation-on-credit-card-fees-moves-through-congress/ --U.K.'s Treasurers Feeling Effects of Financial Crisis A series of interviews with 43 corporate treasurers in Britain has found that, like their North American counterparts, British treasurers have their work cut out for them as they navigate the current credit crisis. Some of the most pressing problems are skyrocketing borrowing costs and uncertainty as to when a loan will be approved. To view the full article go to: http://bigfatfinanceblog.com/2009/05/07/merry-olde-england/ --Integrated Business Planning Perks Integrated business planning (IBP) can help organizations sell more, better allocate their resources, and speed up their reaction time to changing market conditions. Learn more by reading Ventana Research's "Integrated Business Planning: Addressing Today's Challenges and Opportunity" in the BPM Resource Center. To view the full article go to: http://resources.bpmmag.net/index.html?action=viewSponsors&sponsorID=11&userID=1363 --Exclusive Offer for Palladium's Planning & Budgeting Conference Because you're a part of the Business Finance community and we've entered into a partnership with Palladium, you can SAVE $1000* off Palladium's Planning & Budgeting Conference, June 11-12 in Boston, with code BFNL! Hear best practice examples from American Express, APQC, Electronic Arts, Giant Eagle, Inc., Google, HP, Lenovo, Louisiana Workers Compensation Corporation (LWWC), Millipore Corporation, The Stanley Works, Wal-Mart, and More! Click here (http://www.thepalladiumgroup.com/Pages/EventRegistration.aspx?edid=162&pcode=BFNL) or call 800.554.2111 to register. To view the full article go to: http://www.thepalladiumgroup.com/events/exec/planning09/Pages/overview.aspx ---------------------------------------- Sponsor: BPM Magazine http://bpmmag.net/ ---------------------------------------- Webcasts ---------------------------------------- IFRS Transition Management -- What you need to know before you start http://w.on24.com/r.htm?e=146336&s=1&k=6A9889DDCC05958A674E5B4F464FBF74&partnerref=newsletter ---------------------------------------- Video ---------------------------------------- Unlocking M&A's Pricing Potential Pricing improvement is not always front of-mind with deal-makers. Patricio Simpson, Senior Manager, Deloitte Consulting LLP offers some pointers when it comes to unlocking a transaction's true potential. http://bigfatfinanceblog.com/2009/06/02/unlocking-mas-pricing-potential/ ---------------------------------------- In this Issue ---------------------------------------- Business Finance magazine now FREE to qualified subscribers. 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