Mashreq wins Euromoney’s Middle East best cash management deal award for its treasury transformation programme with Apparel Group, a project that helped modernise treasury operations to support the retailer’s rapid regional and international expansion.
Apparel Group faced fragmented cash visibility, decentralised processes, multiple banking relationships and limited access to timely management information, creating operational complexity as the business expanded across markets. Mashreq responded with a highly customised transformation based on a centralised treasury management system, enhanced analytics capabilities and end-to-end process automation.
The solution integrated cash visibility, payments, reporting and forecasting into a single framework
The solution integrated cash visibility, payments, reporting and forecasting into a single framework while introducing data-driven decision making and stronger financial controls.
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