In the current uncertain economic conditions, treasuries want quicker availability on incoming payments and are optimizing processes just as recent technology innovations are helping to boost availability and re-launch lockbox services.
Textron partnered with FXpress which partnered with Bancbridge and so on down the line to integrate best-of-breed technology into a state-of-the-art treasury system.
Applying ERM principles to managing supply lines that often stretch around the world allows companies to prioritize risks and establish action plans to respond.