EACT Newsletter - September 2021

We hope you enjoy the September edition of the EACT Newsletter.

As ever, please do follow the EACT LinkedIn page for the very latest member association news and treasury insight.

Jean-Marc Servat
Chair, EACT

In this issue:

1. EACT in Action Webinar Replay: Fraud Prevention and the Role of Treasury
2. Process and Technological Readiness of Treasury in the Czech Republic
3. Our Role as a Finance Team in the New Normal
4. The Secrets of Prioritisation
5. VDT Summerschool Treasury® 2021
6. Deeper Focus on Treasury
7. How Blockchain Technology can Control Movement of Liquid Fuels Along Whole Supply Chain

EACT in Action Event: How to Streamline Customer Reference Data in Treasury Processes

On 14 September 2021 the EACT organised the second of its EACT in Action live event series, showcasing important issues that treasurers across the EACT community are tackling, in this edition cybercrime and fraud.

Our webinar heard Dr. Gerd Berghold and Werner Strecker of Deutsche Bahn AG share insights as to how the company has structured its technical set-up and how fraud prevention is managed within the treasury function – as well as sharing measures implemented to improve fraud monitoring and screening. The webinar was kindly moderated by Caroline Stockmann, Chief Executive, ACT, and Deputy Chair, EACT.

Watch recording

Process and Technological Readiness of Treasury in the Czech Republic

The Czech Association of Treasury (CAT) and Advanced Risk Management, a Prague-based advisory and software company specialising in finance and financial risk management, have analysed the results of the recent Study of Process and Technological Readiness of Treasury in the Czech Republic.

Read article

Our Role as a Finance Team in the New Normal

The COVID-19 crisis is having an unprecedented impact on most of corporates and on the main players of the economy as a whole. José-Carlos Cuevas (ASSET) advises why it is vital that corporates’ treasury functions adapt and understand the new rules of the game if they are to make a reasonably successful exit from the current health crisis.

Read article

The Secrets of Prioritisation

Throughout Caroline Stockmann's (ACT) long career in finance, the one big issue she has seen in others, as well as experienced herself, has been the ability (or inability) to prioritise effectively. Here, Caroline shares an informed framework on how treasurers can get everything done, whilst still retaining a reasonable amount of down time outside of work.

Read article

VDT Summerschool Treasury® 2021

Read an overview of the topics that twelve students from universities throughout Germany and Italy learned about when they attended the second VDT Summerschool Treasury® from 8-14 August 2021.

Read article

Deeper Focus on Treasury

One of the consequences of the financial scandals that have occurred in the past 18 months is that the treasury has become a particular focus of attention. François Masquelier (ATEL) explains why this period of transition will be beneficial for treasurers in terms of recognition and positionining.

Read article

How Blockchain Technology can Control Movement of Liquid Fuels Along Whole Supply Chain

Effective market surveillance and control of movement of liquid fuels can be a complicated task, especially in terms of quality, quantity and collection of excise duties. Fortunately, rapid development of technology is creating opportunities every day. And this is also the case with blockchain technology, which can be employed to manage these tasks with relative ease.

Read article