Treasury professionals and finance leaders in the Middle East certainly face their share of challenges, from concerns about payment fraud and counterparty risk to the time-consuming management of trade finance instruments such as letters of credit and bank guarantees. Meanwhile, many corporates in the region work with as many as 100-150 banks, leading to significant obstacles where cash visibility and connectivity is concerned.
Kyriba Live! 2018 Paris set a new standard for elegance, networking and education among senior finance professionals, treasurers, industry thought leaders and consultants, who attended the last of three global conferences. Previously this year, Kyriba hosted its user and partner conference in London and Arizona.
Headquartered in Saudi Arabia, The Zahid Group is a leader in industrial engineering that has several subsidiaries, including their flagship company Zahid Tractor. For more than 60 years, Zahid Tractor has distributed Caterpillar machinery and equipment to the Kingdom of Saudi Arabia in both private and public sectors. Expanding growth and a demand for optimization of cash led the Zahid Group to search for a modern treasury and risk management solution (TMS).