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What would be the correct price (i.e., the arm’s length transaction) of a cash transaction under BEPS (Base Erosion Profit Shifting) Actions 8-10? That’s a key question which every treasurer of an international group needs to address.
NH Hotel Group have centralised the group’s liquidity at local and global level, creating a market-leading solution in the hospitality sector. We find out more about their collaborative, award-winning transformation project, which was undertaken in partnership with their banking partner, BNP Paribas.
Finance and treasury departments must evolve. They need to navigate converging yet often apparently conflicting priorities. The convergence of treasury that new technology and techniques make possible is not only a prerequisite but also a launch pad for growth.
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