Receivables securitization not only survived the financial crisis but thrived as funding sources dried up and companies looked to accelerate cash collection.
Tomorrow's treasurers will need a global outlook, a strategic mind-set, an analytical approach, broader shoulders, a team spirit and agile technology that can increase visibility and control.
Spurred by the Reserve Primary Fund's drop below $1 a share in the wake of Lehman's fall, proposed SEC rules on money market funds could end up curtailing many companies' ability to raise short-term funds.