Treasury departments are full of business-critical activities, but still have manual interventions. In a world gone remote, how have platforms like FinLync dealt with supply chain issues and real-time payments? All this and more, on today’s episode with Phillip Klein.
About Phillip
Phillip Ashley Klein is CEO and Co-founder of FinLync, a global fintech company. He was previously a management consultant at Deloitte London, a derivatives and structured products trader at Morgan Stanley and a treasury trader at Citi London. He graduated from Loughborough University with a bachelor’s degree in Management, Finance & Economics.
In this episode we discuss:
01:38 What corporate treasury departments do
03:14 Manual errors in corporate treasury operations
06:35 How financial risks have changed since the pandemic and how FinLync dealt with them
11:01 FinLync’s real-time payment infrastructure
13:02 Risks associated with real-time payments
15:25 FinLync’s integration with SAP/ERP systems
18:15 Advice for startups considering integrations
19:51 FinLync’s partnerships with global banks
21:57 Defense against exclusivity demands for startups
24:41 Overcoming budget pushbacks in a slower industry
26:57 How startups should think about building their treasury systems
29:33 Advice for founders in a remote work environment and global culture
32:25 FinLync’s recent equity funding round
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Phillip Klein on De-mystifying Corporate Treasury Solutions and how startups can service Fortune 500 companies