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Without a crystal ball, it is difficult to predict which path the economic recovery will take. How can treasurers take action to avoid uncertainty and ensure their cash management and investment strategies are fit-for-purpose in the new operating environment?
As the treasurer's role looks to become more strategic in the midst of a digital future, co-creation between banks and corporates could provide a simpler path to embracing digital treasury innovation and leveraging leading-edge developments.
Li & Fung Limited partnered with HSBC to consolidate its bank accounts and redesign its existing liquidity structures to make better use of internal liquidity. The company's treasury now has real time control of its cash and has assumed a more strategic role within the organisation.
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