Automating cashflows

Day-to-day cash management can pose a challenge for corporates operating in the region. But the ever-improving functionality being added to integrated cash management systems is smoothing the ride for corporate treasurers, writes Clive Davidson

Asia is a tricky place for a multinational company to operate, with multiple borders, numerous currencies and widely varying regulations making it a challenge to keep day-to-day cash management requirements ticking over. But several major banks have developed versatile and flexible systems to help organisations cope with many of the region’s cash management problems, and in doing so have created functionality that is now being adopted elsewhere in their global operations.