Driven by a young and aspirational middle class, digital consumption and travelexpenditures are booming in South-East Asia. A company that sits at the sweetspot of these two trends is Tiket.com, one of the fastest growing online travelagencies (OTA) in the world with more than 15 million app installations.Founded in 2011, the Indonesian new economy company now cooperates with 140airlines and 2.6 million accommodation providers. Yet, acting as an intermediary between different parties creates multiple challengesfor the treasury function, explains Eddy Putra, Head of Treasury at Tiket.com. Giventhe nature of travel, where booking is usually done in advance and settlementto hotels is done only upon completion of travel, the company is exposed to FXrisks. It also faces multiple recurring cross-border payments to overseas hotelswhich led to high fund transfer fees as well as manual processing.  How did the company address these challenges in a workflow automation project withDeutsche Bank? Tune into the new flow InCorporateTreasury podcast and learnmore about this award-winning solution!

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