Treasurers are constantly challenged to be more efficient and innovative in driving forward the treasury strategies that are aligned with the underlying business, supporting working capital goals and embracing new technologies. But how best for companies to thrive in this age of disruption?
Managing risk is a priority for treasurers, but methods are changing. Market volatility and sensitivity to global political events, along with new technology and disruptive business models continue to impact business strategy and external market trends.
Accessing effective, convenient and transparent foreign exchange services is key to achieving common treasury objectives such as managing foreign currency payments and collections efficiently and protecting the business against the impact of currency fluctuations.
In an environment of heightened volatility, treasurers need to ramp up but also prioritise their risk management activities. Using transactional solutions alongside financial market instruments can be a valuable way of simplifying risk management for non-core currencies, enabling treasurers to focus on core risks and contribute to business success.