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In the wake of the peak of Covid-19, the need for firm business continuity and recovery measures quickly rose to the top of the corporate agenda. As the impacts have reverberated outwards, with lockdown measures and remote working becoming the norm, comprehensive business reliance plans have proved a ‘must have', but what are the key considerations that underly these measures?
With trade flows and commercial payments on the decline, Aoife Wallace and Daniela Eder, Barclays, examine how European treasurers can play their part in supporting the recovery – from financing their supply chain partners to digitising trade and cash management workflows.
In a rapidly evolving business environment, while it is critical to focus on immediate challenges – from liquidity issues to increased cyber risk – it is also vital to think about ways to make treasury more robust in the future.
Since joining forces with HSBC, Ocean Network Express has achieved four major milestones throughout their treasury transformation journey, with many more in the pipeline.
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