Fundtech has announced that 12 banks across five countries in Asia have contracted to use Global CASHplus.
Global CASHplus (GCP) is Fundtech’s next generation transaction banking solution that combines global cash management with a full range of automated financial supply chain features.
GCP is gaining momentum because it provides a solution for corporations who need to manage their working capital on a global basis particularly while the challenging operating environment is increasing pressure on financial supply chains.
Across Asia, many banks are turning to cash management solutions which incorporate automated financial supply chain technology, to help their clients access hidden liquidity caught up in unpaid invoices or inefficiencies in the chain.
D.C.