The Path to Efficiency: Payments Factories and the Road to Reality

By offering a transparent, single, standardised view via industry standards, corporates can focus their contingency planning on one single communications channel and payments platform. The concept of payment factories is not new, however their widespread adoption is far from ubiquitous. Widely regarded as one of the initial steps towards strategic value creation, particularly to bringing a global treasury function to realisation, it is possibly the most challenging step to undertake given the time, resources and investment initially required by the business to take the decision and establish the process...