Today, payments are being carried out quicker than ever before, and are also far easier for treasurers to track and trace. Transactions are also becoming more seamless and invisible from a consumer perspective, thanks to the inventiveness of banks, fintechs, and payment service providers. Now is the time for treasurers to explore where and how they can further digitalise their payment flows to take full advantage of these developments.
Payments are critical to corporates, pumping the lifeblood of cash in and out of the organisation. For treasurers, payments are also one of the most exciting aspects of the role – not least because the space is full of innovation and business opportunity.
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