by Liba Saiovici, Latin America Product Management Executive, Bank of America Merrill Lynch
In Latin America, as elsewhere in the world, core treasury functions, such as payments and receivables, are being carefully looked at for improvement. Technological innovations being developed today could provide significant opportunities for companies seeking to increase efficiencies, reduce costs and enhance their reconciliation processes.
And, while these new solutions might be easy to ignore – as many are only now being explored for their potential – treasurers are taking the time to gain a better understanding of these developments. They can then position themselves to take advantage of these new solutions as they become available.