Cash & Liquidity Management
Published  5 MIN READ
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Cutting-Edge Payments and Receivables

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.

Three topics are of particular interest for companies operating in the region: the use of person-to-person technology expanding into the corporate space, the potential applications of blockchain technology and the arrival of automatic reconciliation solutions.