After years of being perceived as a clerical, back-office function, purchasing is set to gain remarkable prominence in the corporate pecking order, according to a survey of over 350 global executives by the Economist Intelligence Unit in co-operation with SAP. While only 34 per cent of respondents said procurement and supplier management executives currently play an important or vital role in establishing their companies’ overall strategic objectives, 65 per cent of respondents outside the purchasing function – and an overwhelming 91 per cent within it – predicted they will have to do so by the year 2015 in order to maintain competitive advantage.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more