One of Malaysia’s largest palm oil producers turned to UOB to streamline its processes. The answer they created won the best working capital solution at the recent CT Awards.
Automating workaday tasks costs money in the short term and saves money in the long term. Justifying the outlay to a sceptical board must be part of the treasurer’s skill set.
Cryptocurrencies have raised hopes that paying for goods and services across borders will one day be as simple as making domestic payment. Will reality one day meet expectations?
Shayne Elliott says legacy banks must focus on smarter interaction with clients. A blockchain-based system for proving the provenance of Australian grain shows how it can work.
The French MNC worked with BNP Paribas – with which it shared the CT award for best payment strategy of 2017 – on streamlining a series of recently acquired entities.
