The Covid-19 pandemic has represented an unprecedented health crisis of a magnitude without parallel in modern times. With no clear endpoint, the pandemic has exposed vulnerabilities and gaps in technology and infrastructure throughout the global financial services industry.
In light of these vast challenges, many corporate treasurers have faced firsthand the tangible impact of legacy, inconvenient, and slow transactional processes. The pandemic laid bare the problems with continuing to manage cash using the physical and manual processes that are predominant in most corporate treasury functions.
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