Accounts Payables / ReceivablesAutomation and connectivityBanking and service providersBig dataCapital marketsCentralisationClearing and settlementCounterpartyCredit and CommoditiesCredit facilitiesDeposit management / InvestmentDigital and Mobile bankingForecastingForeign exchangeIn-house bankingInterest ratesLiquidity and cash flowPayment cardsShared service centresStraight-through processingStrategySupply chain managementSystemsTrade financeTreasurers and CFOs
The recently ratified Trade Facilitation Agreement is intended to reduce the cost of trade 14.3% globally by improving customs procedures. It could inadvertently help cut painful compliance burdens, also.
The Reserve Bank of India has further pushed its plan to get the whole country’s payment and settlement system onto an electronic platform. But the plan, called Vision 2018, does not oblige companies to comply.