Case Study

Asyad Group: Full Speed Ahead with Bottomline for Treasury

Asyad Group: Full Speed Ahead with Bottomline for Treasury

Pages 3 Pages

62 TMI | ISSUE 283 INSIGHT Sometimes great changes inspire even greater progress. When Oman Shipping was brought under the wings of the Omani government-owned Asyad Group, its vital treasury technology project would soon reach beyond its own domain and into the entire group of 15-plus maritime, port, free- zone and land-based logistics businesses. Under the guidance of Alrustom, a project to implement the Bottomline TreasuryXpress platform – which he’d initiated in his former role as Group Treasurer for Oman Shipping – took on heightened importance. Indeed, as his promotion to CFO of the newly combined business was announced, he was already developing plans for the centralisation of treasury. As part of his E volving from an almost entirely manual treasury set-up to o

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