The Editor examines the shift in trading routes from western economies to north-south and south-south trade, and notes how all companies should leverage the opportunities that this development provides.
The integration of cash management, custody, escrow and foreign exchange-related services have become more widely accepted as standard best practices to help ensure integrity, security and real-time visibility.
Despite a continued decline in cheque volumes, the majority of payments received by US companies today are still made by cheque - and interest in lockbox services are on the rise.
In order to cope with its substantial growth, Linamar’s Group Treasury is taking a three-tiered approach to enhancing visibility and control over cash, maximising liquidity and optimising investment decision.
For multinationals expanding into Brazil at present, many aspects of the country’s financial system will be pleasingly less complicated than a few years back: The country is renowned for having one of the most modern and automated financial systems in the world.
As mobile payments become more widespread among consumers, corporates face a growing need to interact with their customers in new ways across the payment and purchasing cycle.
We discuss the biggest hurdles encountered when attempting to optimise working capital, how technology can drive an integrated approach, and much more in this absorbing interview with the Head of Global Treasury Sales at Bank of America Merrill Lynch.