Something that warrants a rare FOMC inter-meeting rate cut calls for broader finance engagement. There is a lot of information, advice and checklists coming out on how businesses should respond to the coronavirus, or COVID-19. This one from McKinsey is a good example. Health and safety first. A majority of companies, rightly, start with the most important steps to ensure the health and safety of employees, customers, suppliers and other stakeholders. Tabletop crisis response and planning. The next most important item tends to be the crisis…
January 23, 2019
Fintechs Transforming Supply Chain Finance
Fintech companies continue to streamline the buyer-supplier experience, eliminating age-old tensions and adding powerful new tools. Editor’s Note: This story originally ran on iTreasurer.com on December 19, 2016. EXECUTIVE SUMMARYMultinational corporations (MNCs) face a myriad of challenges and arguably the most important one is staying competitive during periods of uncertainty and increasing regulation, as global interconnectedness continues. In order to successfully navigate this uncertain environment, MNCs must develop sustainable working capital strategies and build cash positions that underpin these strategies,…