Citibank

The role of Treasury has shifted dramatically in the past decade, especially since the financial crisis of 2008/2009. Where Treasury once could content itself with protecting corporate assets, the new market paradigm requires the Treasurer and his or her team to focus instead on driving value from the firm’s working capital stores. To this end, [...]

[Editor’s Note: Today, the second day of 2015, we wrap up our best of 2014 series with our look at the U.S. government’s SupplierPay pledge, which originally appeared on August 25.] On July 11, President Obama announced the SupplierPay pledge. Based on the federal government’s QuickPay initiative, which is designed to pay small federal suppliers more quickly, the [...]

[Editor’s Note: It’s almost 2015 and, to cap off 2014 in style, Payables Place will run five of the best posts from the 2014 archives. We continue our “Best of” series today with our look into virtual payment cards that ran on October 29.] It’s a safe bet that commercial cards are, if not common knowledge, then [...]

It’s a safe bet that commercial cards are, if not common knowledge, then at least easily recognizable in the business world. The venerable purchasing card (p-card) has existed since the 1980s, with the corporate travel card in use since 1936, and the ONE card arriving a little over 20 years ago. One of the newest [...]

On July 11, President Obama announced the SupplierPay pledge. Based on the federal government’s QuickPay initiative, which is designed to pay small federal suppliers more quickly, the SupplierPay pledge is a voluntary agreement that 26 large companies signed onto, stating they would either pay their small suppliers faster than they currently do or provide access [...]