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Leveraging Paperless Payments, TMI Magazine, TMI 168
Expectations of treasury functions are evolving and expanding. Treasury teams are being asked to go beyond traditional tasks, and take a more active role in driving and supporting business strategy. It is in recognition of this, HSBC Global Cash and Liquidity Management commissioned a survey to explore the extent of change treasury teams expect in the near future, as well as the technology, techniques, and team talent they believe will be transformative.
The stable track record of SDD changed in March and April 2020 since several countries announced widespread lockdowns and economic activities in the majority of sectors had to be halted. For the first time in years, in April 2020 the number of executed SDD transactions decreased.
TMI speaks to five industry experts to understand how treasurers can help shore up supply chains right now – with quick-to-implement solutions. We also examine how companies can finance their supply chains for economic recovery, taking in to account emerging trends such as sustainability and the potential resurgence of domestic sourcing.
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