Finland's prompt actions in the adoption of the single european payments area (SEPA) has driven forward the standardisation of banking in the other Nordic countries. SEPA is founded on the XML-based ISO 20022 standard, which allows automation, and is therefore becoming an increasingly global standard.
Read more »"People repeat statements about innovation like badly trained parrots. A company needs to step outside of its comfort zone and build a new innovation culture in order to be truly innovative," says Professor Alf Rehn, who is ranked among the "Up and Coming Business Thinkers" in the 2009 Thinkers 50 listing.
Read more »How can you take your cash forecasting to the next level and use the integrated data to improve your working capital management? This article examines what you can do, and gives recommendations on specific key figures to follow when starting to analyse your working capital.
Read more »Factoring is no longer a service only offered by finance companies. It can now be equally well used as an in-house operation between a subsidiary and a group treasury. The former can remove its payment and currency risks, while the latter will gain benefits of scale in currency transactions.
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