A frequent user of bank guarantees to support its business, the treasury function at Arup was frustrated by using Excel spreadsheets for the application, maintenance and reporting of guarantees. Automating the process through a module from Trezone was the key to greater efficiency – and to reinforcing Group Treasury’s reputation as a proactive centre of excellence.
A long-term partnership between ION's Treasury Reval and Petrofac's treasury function has undergone a radical pivot, setting the company’s treasury organisation is among the world’s elite, defining new benchmarks across the industry, as well as disrupting two critical pain points for practitioners: bank account management and the trade confirmation process beyond FX.
The success of the digital transformation of AR depends on a seamless implementation and integration of new technology with the company’s existing technology. Finance professionals should focus on automating AR to streamline everyday operations and manual tasks.
Banking Circle research has uncovered how financial institutions are rethinking the value of digital infrastructure to future-proof their business in a post-pandemic world. Anders la Cour, Co-Founder and CEO of the financial utility discusses how the crisis has accelerated digitalisation strategies across the industry.
TMI speaks to Ole Matthiessen, Global Head of Cash Management, Deutsche Bank, about the results of the latest EIU annual corporate treasury survey, which this year covers macro risks, regulatory changes and emerging technologies.