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Achieving Full Automation of FX Cash Settlement

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Manage episode 429317354 series 3239797
Kandungan disediakan oleh TMI - Treasury Management International. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh TMI - Treasury Management International atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

For the inaugural edition of the 2024 Journeys to Treasury podcast series, TMI's Ben Poole invites Jörg Bermüller (Merck Group) into the hotseat to find out more about how the treasury team at Merck fully automated its FX cash settlement.

Transacting large volumes of cash was creating a vast array of pain points for the multinational, to combat this the team transformed four key processes - SSI updates, settlement matching, payment processing, and Swift GPI integration. Discover how this transformative project boosted efficiency and strengthened fraud prevention, setting a new standard in treasury operations.

  continue reading

104 episod

Artwork
iconKongsi
 
Manage episode 429317354 series 3239797
Kandungan disediakan oleh TMI - Treasury Management International. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh TMI - Treasury Management International atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

For the inaugural edition of the 2024 Journeys to Treasury podcast series, TMI's Ben Poole invites Jörg Bermüller (Merck Group) into the hotseat to find out more about how the treasury team at Merck fully automated its FX cash settlement.

Transacting large volumes of cash was creating a vast array of pain points for the multinational, to combat this the team transformed four key processes - SSI updates, settlement matching, payment processing, and Swift GPI integration. Discover how this transformative project boosted efficiency and strengthened fraud prevention, setting a new standard in treasury operations.

  continue reading

104 episod

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