Get an early start on your networking for South Summit 2024 by checking out our marketplace, where you can find profiles on all the Startups, Corporate Partners, Accelerators and Institutions who will be at the event.
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Managing signatory rights represents a considerable challenges for the treasurers of multinational corporations. Creating new signatories is essential when it comes to enabling users to interact with banks, but this is typically a time-consuming process requiring extensive supporting documentation and allocation of FTE’s . It is also further complicated by the fact that different banks have different sets of rules and procedures. An average multinational corporate holds 100+ bank accounts and typically deals with various banking counterparts for the different needs (cash management, trade finance , FX etc). This is a very common problem for companies around the world, and until now little progress has been made to address this issue.
If you have a proposal on some of these areas, we will gladly analyze: