FURTHER READING
As part of the 2023 Euromoney cash management survey, we asked respondents whether the number of cash management providers they use would increase, decrease or stay the same over the next 12 months. A full 30% said they expected to work with a larger number of providers, compared with just 4% who expected to reduce the number of providers they use.
Patricia Arvanitakis, global head of cash management at Crédit Agricole-CIB, says this trend can be attributed to the impact of successive crises, particularly the pandemic and Russia’s invasion of Ukraine.
“Treasurers and CFOs want to secure operations and make sure they have options,” she says.
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