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Treasury and supply chain disruption caused by external factors is nothing new, but recent developments may be making it the new normal. Therefore, the ability to switch technology and supply chains to new locations/suppliers with the minimum of upheaval is becoming a business imperative. This applies not just to the physical supply chain but also the financial one that underpins it, which presents corporate treasuries with significant additional challenges.
With the aim of being as efficient as possible in its reconciliations, Panini was looking to achieve the same level of detailed information on cross-border collections as it was able to achieve on domestic collections.
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