Corporate treasury departments aren’t built for speed. But as Anupam Sinha of Citi explained, they need to be agile and flexible as they adopt digital processes.

Banks looking for innovation can stand to learn from the toy Legos. Alacriti's Mark Ranta explains how financial institutions can benefit and thrive.

The fundamental role of the corporate treasurer – to understand cash positions and optimize working capital – remains constant, but the points of friction that can stand in the way of those goals continue to evolve and intensify. The coronavirus crisis created a fork in the road for many treasurers that must now decide how to wield technology to achieve their objectives, says Lori Schwartz, Managing Director, Head of EMEA Liquidity Solutions & Global Liquidity Product Solutions Specialists, Treasury Services at J.P. Morgan. She tells Karen Webster how treasurers can approach their digitization efforts at a time when the future is anything but certain.

The pandemic has upended most every dynamic of the healthcare system from funding to operations to profits. Dominick Colabella, CEO of Rectangle Health, told PYMNTS that a drop in elective procedures has put large hospitals at a financial risk.

The corporate treasurer’s role was dramatically transformed amid a pandemic that fueled the need to optimize financial strategies, rethink business models and embrace digitization like never before. Along that journey, treasurers are turning to their banks for the tools and guidance to achieve their goals. Takis Georgakopoulos, Global Head of Wholesale Payments at J.P. Morgan, tells Karen Webster about the bank’s own modernization strategy to support clients’ treasury optimization and enterprise agility for the long-term.

It’s an industry rife with billing delays and paper-based processes. Scott LoPresti, Chief Operating Officer of Rectangle Health, told PYMNTS in a recent interview that his job is to educate providers on how to shift the industry’s business model.

Carl Robinson, senior vice president of Alacriti, told PYMNTS that bank-fintech collaborations will create more use cases for real-time payments.

Conferma Pay Director of B2B Partner Development Nick Reid told PYMNTS that suppliers are recognizing the importance of commercial cards to buyers, and they want to accommodate buyers’ payment preferences wherever possible.

Todd Clark, CEO of CO-OP, told Karen Webster in a recent conversation that he enters 2021 feeling very optimistic.

Josh Cyphers of Nvoicepay explains how finance leaders can work with their FinTech partners to achieve automation, security and efficiency — and plan for changes.