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Demand for FX4Cash – A Global Cross-Currency Payment Platform, TMI Magazine, TMI 188
Zuellig Pharma receives a very high volume of customer remittances at month end, which was causing accounts receivable (AR) reconciliation delays. Zuellig responded by implementing HSBC’s dynamic virtual accounts (VA) solution together with robotic process automation (RPA), which has enhanced throughput, customer satisfaction and the company’s working capital position.
ZEE Entertainment Enterprises substantial annual growth required the support of an efficient, automated treasury function. A bespoke end-to-end cash management solution provided by BNP Paribas has achieved accelerated capability around digitisation and sustainability.
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