ISO 20022: The way forward in AP/AR management
Corporate treasurers’ desire to standardise the way they manage their payments across borders is natural; it delivers greater visibility and the added versatility offers many advantages, including financing the supply chain. ISO 20022 XML is a critical component of this.
It can take a very well-known company (or a very determined treasurer) to push through changes to banking processes that end up having universal benefits.
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