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Intercompany netting via Excel was far too cumbersome, according to the award-wining group treasurer of the Hong Kong-headquartered logistics firm.
The mining and commodities conglomerate is looking for partners in its supply chain to beta test the bank payment obligation.
Siemens can now freely pay and receive in renminbi. Stefan Harfich, head of bank relations, explains how it was done.
Honnus Cheung, CFO for Travelzoo (Asia-Pacific), outlines the first steps of building a business and picking the right bank.
CT has established an interactive treasury webcast service. With access to exclusive, upcoming interactive events, treasurers can watch and listen in live or download the archive of webcasts at a convenient time.