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These are interesting times for cash management. Traditional business models are evolving at a time when macroeconomic factors, including the effects of the continuously evolving COVID-19 pandemic, as well as the systemic low and even negative rate environment are putting a further strain on businesses. So what does the future hold?
Treasurers are starting to explore how automating their transactional foreign exchange (FX) workflows could bring significant benefits in a post-pandemic environment. What digital tools can assist?
By adopting an innovative physical cash pooling solution Aspen Pharmacare, in partnership with BNP Paribas, has unleashed a host of improvements – from interest cost savings to simplifying the reconciliations process. Here’s how the teams achieved this joint project, which is the first of its kind in South Africa.
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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