Don’t miss out on Treasury Lines of Sight by Bruno Mellado

TLDR:

• A recent survey found that visibility on cash flows is a top priority for corporate treasurers.
• BNP Paribas is focusing on providing clear data visibility to corporate treasuries.

In an exclusive article in ‘The Fintech Magazine’, Bruno Mellado, BNP’s Global Head of Payments and Receivables, discusses how the bank is addressing the top priority of corporate treasurers – visibility on cash flows. The article highlights the key findings of a recent survey, which showed that transparency on cash flow forecasting, real-time reporting, and treasury technology infrastructure were top priorities for European treasurers. Mellado emphasizes the importance of collecting and processing data in a secure, centralized way to enable optimal outcomes.

BNP Paribas is actively working on standardization and centralization of data, with a focus on delivering next-generation payment solutions in Europe through initiatives like the European Payments Initiative. Mellado also discusses the challenges of data access and management within large corporates, and how BNP Paribas is working to provide insights for better management. Overall, the article highlights the key role of data visibility in transforming treasury functions and driving strategic decision-making in the financial industry.