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By Günther Peer, Regional Vice President Solution Consulting EMEA, Reval*
The 1st of February 2014, the deadline for SEPA migration, is approaching rapidly bringing along benefits such as easier access and growth into new markets, reduced float and payment fees as well as harmonized file formats and payment instruments. However, migration projects usually require considerable investments in human resources and technology – and time is running out. Why should treasurers still look at SEPA as an opportunity?
As the trend towards treasury centralization continues to take center stage, concepts for central handling of cash and payments are more popular than ever. SEPA has of course prompted much of this trend and although compliance with...
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