Protection against cybercrime is a major priority for CFOs and corporate treasurers in organizations of all sizes and geographies. Payments management is the most vulnerable financial process of all – and it is the most attractive target for cybercriminals. This following analysis reviews corporate treasury vulnerabilities, best practices to minimize fraud risk, centralization of payments, and implementing payments processes.
Daniel Shaffer's blog
Daniel Shaffer, Senior Global Public Relations Manager
Daniel is a marketing and public relations strategist for global corporates in technology, healthcare, SaaS, and telecommunications with 15 years of experience driving successful communications campaigns. As a champion of brand journalism, Daniel enjoys crafting thought leadership, and continues to experiment with the perfect pitch for media, brand influencers and bloggers. Daniel has enjoyed the thrill of problem solving for startups, growth hacking, and working cross functionally in mature corporate environments.
Kyriba Live! 2018 just completed its five-day run out in the beautiful Arizona desert, and by all measures, the event was a huge success. A record crowd of more than 350 treasury and finance professionals, analysts and liquidity management experts from across the Americas met at a luxury resort near Phoenix for education, networking and fun.
Modernization in cloud financial management software solutions is driving positive change for finance teams, allowing CFOs and senior leaders in treasury and finance to improve their decision making and enhance their business outcomes, according to a new IDC MarketScape report. Organizations that have adopted modern solutions benefit from a number of improvements such as automation, integration with third party applications and a measurable-repeatable set of best-practices that enable senior finance leaders to hit their growth targets.
The overwhelming majority of senior finance executives (94%) believe that boards of directors regard their CFOs as critical strategic business partners, according to a survey conducted last year by CFO Research, on behalf of Kyriba.
In a recent article in Treasury & Risk magazine, Kyriba’s VP of Strategy Bob Stark opined on the significant and wide-ranging risks that treasurers face when they do not team-up with their CISO (or CIO, CTO, IT) to ensure their financial data is safe.
Financing the supply chain is an age-old challenge for corporations, banks and suppliers, and the CFOs and treasury teams who manage procurement budgets. What has changed in recent years is the adoption of innovative technology solutions that create a dynamic layer of visibility in the supply chain, adding opportunities for suppliers who have otherwise funded their receivables up to 140 days or more before they had any notification that they would be paid by their customers.