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Hilton Worldwide Re-engineers its Treasury, TMI Magazine, TMI 228
As businesses across Europe accelerate their digital transformations, savvy corporate treasurers have a unique opportunity to secure enriched data insights, which could enable treasury functions to become operationally and financially fitter.
The Covid-19 pandemic has already provided rich pickings for fraudsters and cybercriminals who are becoming increasingly active and unscrupulous. The company is the first line of defence against fraud and it is vital to educate employees about what to look out for and how to avoid being duped.
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.
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