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Since joining forces with HSBC, Ocean Network Express has achieved four major milestones throughout their treasury transformation journey, with many more in the pipeline.
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?
With trade flows and commercial payments on the decline, Aoife Wallace and Daniela Eder, Barclays, examine how European treasurers can play their part in supporting the recovery – from financing their supply chain partners to digitising trade and cash management workflows.
In a rapidly evolving business environment, while it is critical to focus on immediate challenges – from liquidity issues to increased cyber risk – it is also vital to think about ways to make treasury more robust in the future.
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