After a chaotic 2020, corporate treasurers and cash managers should prioritize shoring up key processes that will promote greater agility and responsiveness.
"Just before the last crisis, regulators gutted financial rules and even considered letting mega-corporations like Walmart own banks -- and here we go again," said Sen. Sherrod Brown.
Covid-19 notwithstanding, three factors will continue to drive changes in the nature of corporate payments, and treasurers should begin to take action this year.