As the squeeze on banks intensifies, virtual accounts are a win-win by offering efficiencies and meeting the needs of their corporate clients.
Why corporates should consider the multi-currency virtual account (MCVA) - a bank-offered cash product which allows them to maintain foreign currency balances and affect cross-boarder transactions where a physical account doesn’t exist in the local currencies.
The western Canada utility has partnered with SAP Ariba in eliminating inefficiencies from its supply chain.
Introducing automation will require tough decisions, but firms that shy away from strategically using technology will inevitably render themselves redundant.
Treasury optimisation is neither a quick or easy process, but one that is still worth undertaking. This article considers the most common pain points and the prize that lies at the end.
A US survey finds that they recognise the benefits of the new payment technologies, but also have concerns over cost and compatibility.
Tungsten Network is a London-based electronic invoicing specialist. In this interview with GTNews, company president Prabhat Vira and senior vice president Kevin Wilbur outline the factors driving growth in e-invoicing and how corporates are using it to streamline finance management.
Treasurers are increasingly looked to by the company for an increased involvement in strategic decision making. But without an increase in the treasury department's headcount and resources, how might this be achieved?
The gig economy, in which temporary positions are common and organisations contract with independent workers for short-term engagements, is an integral part of the modern business world. How are banks responding to the resulting needs of clients?
Electronic invoicing is fast revolutionising the accounts payable process as the paper-based invoicing era finally comes to an end.