As of June 2018, Hanse Orga Group has become ‘Serrala’ – a new brand for a technology-driven world, but one that still embodies the core values that clients know and expect. As well as rebranding, the company has also launched a new cloud solution and is now offering white-labelled solutions to banks as well.
Technology can undoubtedly have a transformative impact on treasury, but often this impact refers to managing existing processes more efficiently or effectively. At Worldpay, where a relatively new treasury function had to deal with enormous change, the effect truly has been transformational.
KONE Corporation, which operates in 60 countries globally, found that implementing SWIFT enabled them to harmonise bank communications, standardise processes and improve visibility and control - as well as optimise liquidity and drive future transformation.
If we want to believe the hype then the treasurer’s days are numbered and we are all to be replaced by faceless, super-efficient and infallible machines producing copious and flawless results. But how much of this is true? Are treasurers slowly but surely becoming redundant?