Achieving Full Automation of FX Cash Settlement

Update: 2024-07-17

Description

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.

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Achieving Full Automation of FX Cash Settlement

Treasury Management International (TMI)

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Achieving Full Automation of FX Cash Settlement

Treasury Management International (TMI)

Achieving Full Automation of FX Cash Settlement