More with Less: What Do You Want from a Treasury System?
- By Andrew Deichler
- Published: 9/21/2016
For years now, we’ve heard that corporate treasury professionals’ role is constantly expanding, with the common mantra being that they need to do more with less. In today’s fast-changing world, doing more with less means cutting down on as many manual processes as possible so that you can focus your energies on the duties that are most important. One way most large treasury departments can do this is by utilizing an effective treasury management system (TMS).
But how does a treasury group determine which system is the best to suit its needs? There are a multitude of options out there, and every one of them will tell you that their system is better than the others. Furthermore, if you are already using a TMS, are you sure that there isn’t a better option out there that could make your job easier?
In the 2016 AFP Guide to Treasury Management Systems, corporate practitioners receive a closer look at treasury technology today. AFP spoke with some of the top TMS vendors in the marketplace to get their views on what treasury departments are looking for in a system—or what they should be. With so many options to choose from, how can treasury professionals be sure that the TMS they are considering or currently using is the one best suited to their needs? The new TMS Guide will help practitioners answer that question by giving them a glimpse into the latest technologies and trends.
Download the guide here.
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