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From Working Capital Products to Financial Supply Chain Solutions, Special Supplements, Working Capital Optimisation 2014
BPO: a Valuable Component in Supply Chain Finance, TMI Magazine, TMI 225
The Time is Now for RMB Adoption, TMI Magazine, TMI 230
Leveraging the SEPA Opportunity, TMI Magazine, TMI 220
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 HSBCís dynamic virtual accounts (VA) solution together with robotic process automation (RPA), which has enhanced throughput, customer satisfaction and the companyís working capital position.
A lasting partnership between Bahrain-headquartered AIG and BNP Paribas has kick-started a number of long-term digitisation and automation initiatives, resulting in improved finance and treasury processes.
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