Digitisation, an ally of corporate treasuries

The pandemic, for good or for bad, is transforming our economy into a digital one.

Of all the impacts that Covid-19 has had on corporate strategies, digitisation and automation have veritably stood out. The pandemic has coerced organisations to pivot to new operating models and added pace to digital adoption. In the process, it is transforming our economy into a digital one. Digitising the economy holds deeper ramifications for governance, transparency, efficiency, scalability and resilience. More importantly, a digital economy ushers in new drivers of growth in every sector of business. Despite all the calls for action, corporate treasuries in Nepal have not adopted digitisation for various reasons. However, this is going to change soon.