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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.
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.
Amid the early stages of the Covid-19 pandemic lockdown, corporate treasury teams had to act quickly to get to grips with their overall liquidity position and ensure they could access liquidity when they needed to.
As lockdowns ease and businesses look to recover, a 5-step medium-term response can help ensure the lessons learned in the early days of the pandemic will not be lost.
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