HSBC Global Viewpoint
HSBC Sibos spotlight series - Ask a friend: How banking partners are helping with treasury transformation
Sep 25, 2023
The podcast explores the importance of digital transformation for treasurers, including finding the right tools and banking partners. It discusses objectives and considerations for a digital transformation in treasury, and the role of banks in real-time treasury success. The podcast also covers how treasurers can navigate the challenges of digital transformation in treasury.
19:16
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Quick takeaways
- Treasurers must embrace digitization to serve businesses better and help build digital business models.
- When embarking on a digital transformation journey, treasury departments should prioritize technologies and processes aligned with their business objectives.
Deep dives
Importance of Digital Transformation for Treasurers
Digital transformation is crucial for treasurers and businesses in today's digital age. The shift towards digitization is driven by tech-savvy consumers who value immediacy and intuitive experiences. It is essential for treasurers to embrace digitization to serve businesses better and help build digital business models. Treasury departments are becoming increasingly strategic, and treasurers must find the right digital tools and banking partners to deliver superior customer experiences, scalability, security, and market reach.
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