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Supercharging Treasury with Industry 4.0 Technology, TMI Magazine, TMI 270
Instant Payments: Benefits for Treasurers in Europe, Special Supplements, Instant Payments: Benefits for Treasurers in Europe
TMI speaks to five industry experts to understand how treasurers can help shore up supply chains right now Ė with quick-to-implement solutions. We also examine how companies can finance their supply chains for economic recovery, taking in to account emerging trends such as sustainability and the potential resurgence of domestic sourcing.
The ongoing Covid-19 pandemic has created a host of unprecedented challenges for almost every aspect of the treasury function. Nevertheless, working in conjunction with their bank(s), treasurers can armour their teams against many of the challenges.
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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