The Internet, new technology, trade moving East globalisation and then, the financial crisis too! Corporate treasurers have seen it all and many are still reeling from the implications. But one consequence is that they are increasingly taking centre stage in their organisations, and their views are being heard at board level after years of relatively benign neglect. Corporations and their …
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Outsourcing for Corporate Banks
BY PAMELA ANN SMITH If ‘cash is king’, given the global financial turmoil of the past 18 months, then so too is the need to cut costs. Many banks in the GCC which cater to corporates in the region are being squeezed, just at a time when they need to innovate and expand to ensure the loyalty of their clients …
Read More »The pursuit of excellence in difficult times
Headquartered in the Kingdom of Bahrain for the past 125 years, the Bahrain Maritime Mercantile International group (BMMI) is a diversified retail, distribution, logistics and contract services group. By Caroline Maginn – CMM Trade partner BMMI specialises in the distribution, wholesaling and retailing of food and beverages, and represents a leading portfolio of global household brands. The group is …
Read More »Systems integration is key
The integration model between banks and their corporate customers is an ever expanding process By Maki Vekinis – Cash Managment Matters (CMM ) Managing Partner The rise of enterprise resource planning systems (ERPs) in the GCC, and in Saudi Arabian markets in particular, are well recorded. ERPs have proved to be one of the key components in effective business management …
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