Countries covered: Asia
This Financial Insights report highlights significant business drivers shaping the future for Asia's cash management (CM) industry. It also explores the common CM techniques and existing barriers for corporates to efficient CM, and compares the services being offered by principle banks in the Asia/Pacific region.
The final section is dedicated to a detailed discussion on the how banks can convince corporates to outsource more of their treasury services and develop relationships with banking partners, as well as the collaborative role of treasury management vendors in the CM space.
There is growing realization that an expanded and sophisticated treasury and finance function can improve business processes and drive operational efficiencies and transparency, all of which are crucial for sustained business success. Consequently, "The importance of cash management continues to expand steadily as corporates demand efficient international cash management that expands in tandem with their global development," observes Li-May Chew, CFA, senior research manager for Financial Insights Asia/Pacific.
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