Paper Title
The Centralisation and Harmonisation of The Corporate Treasury Payments
Abstract
The objective of this study is to develop a state of the art payment factory in order to pave the way for a future proof corporate treasury. For this purpose, treasury payment processes of an international company have been reviewed in consideration of the business process management. The result of this paper indicates that centralization and harmonization of the corporate payments could reduce the number of transactions, minimize the error rates and fortify the payment security. Therefore, it is recommended that the corporates in all industries should benefit from the fintech developments in also corporate treasury ecosystem, so that the corporate performance could be improved by this means.
Keywords- Corporate Treasury, Payment Factory, Business Process Management(BPM)