Question
The Fourth Industrial Revolution (4IR) - characterized by the fusion of the digital, biological, and physical worlds, as well as the growing utilization of new
The Fourth Industrial Revolution (4IR) - characterized by the fusion of the digital, biological, and physical worlds, as well as the growing utilization of new technologies such as artificial intelligence (AI), cloud computing, robotics (e.g. RPA), 3D printing, the Internet of Things (IoTs), and advanced wireless technologies, among others-has ushered in a new era of global economic disruption.
Required
(a)In the area of corporate treasury and credit management, discuss why treasury management systems (TMS) and credit management systems (CMS) and the use of the Fourth Industrial Revolution (4IR) tools are now becoming more important and getting more attention in Malaysia amidst Covid-19 pandemic.
(b)Moving past Covid-19, what should be in the priority of the to-do list of the Corporate Treasurer (or Finance Manager in Malaysia) in dealing with:
(i)Corporate treasury management?
(ii) Credit control and accounts receivables management?
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