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.
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.
Money stranded in local accounts in foreign currencies is a perennial problem for treasurers. TPV Technology's treasurer tells CT how he worked with JP Morgan to tackle it.