Jyotsna Sharma, Bridgestone’s chief financial officer in India, spoke to CT about how the digitalisation of its treasury helped to unlock almost €5 million ($5.9 million) in cashflow over an eight-month period.
Countering the impact of Covid-19 on bottom lines, a study by UOB has found that digital initiatives enabled over 40% of small- and medium-sized enterprises (SMEs) to be more profitable in 2020.
Juniper Research predicts that spending on regtech systems to help heavily regulated sectors meet their compliance burden will jump from $33 billion in 2020 to more than $130 billion in 2025.
A recent deal between Hong Kong online shopping portal HKTVmall and HSBC demonstrates how the e-commerce sector is poised to gain from the digitalisation of trade finance.
Seng Ti Goh of the Association of Corporate Treasurers Singapore talks to CT about some of the key considerations as part of the continued process of digitalisation across industry sectors and markets.
The impact of Covid-19 has accelerated efforts to digitise treasury functions in Asia. Several prominent market practitioners share their views on new goals.
