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Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. Treasury is very well-positioned to handle all of these activities,” added Sinha. trillion by 2021.
One of the areas ready for real-time disruption is foreignexchange (FX) management, which is “the road to real-time treasury,” according to the report. In a new report released from Deutsche Bank’s Global Transaction Banking unit, analysts noted that faster payments are shifting treasurers to embrace real-time processes.
As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Cashmanagement becomes a continuous process, throughout the business day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. on Friday, he said.
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