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Mobile Money: Alternative or Integral to Cash Management Strategy?, TMI Magazine, TMI 245
Basel III: Collateral Damage or Emerging Opportunity?, TMI Magazine, TMI 247
Driving a Transformation in Transaction Banking, TMI Magazine, TMI 238
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.
Executives are increasingly looking to the treasurer to limit the negative effects of FX risk on the business. How, then, can treasurers revamp their hedging approaches in 2020 to help meet these goals and add value to the business?
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