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.
Technologies such as artificial intelligence have the potential to make it easier for treasurers to gain visibility and control over their cash. But simply investing in these technologies is not enough to achieve working capital efficiencies.
The ongoing global economic downturn has resulted in supply chain disruptions, payment delays and payment defaults. Adeline de Metz, UniCredit, considers the range of options that buyers have to achieve supply chain stability during a period of unprecedented imbalance.
A lasting partnership between Bahrain-headquartered AIG and BNP Paribas has kick-started a number of long-term digitisation and automation initiatives, resulting in improved finance and treasury processes.
On the cusp of momentous change, the trade finance ecosystem is experiencing a significant restructure with the introduction of new technologies and market participants. In an unpredictable economy, treasurers need to adapt their initiatives to conform to new global trade dynamics.