Covid-19 is affecting the payments industry, which may see a fall in revenues this year, but analysts are saying that the pandemic could be the best thing that ever happened to it
Attention to day sales outstanding (DSO) could be the only way through the COVID-19 crisis for many corporations. We look at what treasurers should be focusing on.
How do you pay invoices, when there's no one to process them? A veteran supply chain and trade banker has told CT that the Covid-19 outbreak is having the inadvertent effect of boosting digitisation
Zuellig Pharma, a Southeast Asia-focused healthcare and pharmaceutical corporate, used RPA and virtual accounts to automate a third of its invoice matching process.
Instead of faster payments, treasurers need faster collections. Axiata’s finance transformation head believes treasurers can save a lot of money for their companies if they can get departments to work together
Deutsche Post DHL treasurer Carola Schmitz-Becker is no stranger to efficiency concerns. Being able to receive payments instantaneously has shifted her focus towards improving the group’s e-commerce offerings.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.