As technology and data proliferate, it may be time to rethink a “one-size-fits-all” treasury system. In fact, many companies are moving beyond the quest for one perfect solution and building hybrid systems, enabling them to use the best platform for each treasury function.
Read Treasury Megatrends: From Single Solution to Best-of-Breed for insights on taking a “best-of-breed” approach.
WHAT’S DRIVING THIS TREND?
It’s simpler than ever to use technology to achieve treasury goals, such as boosting visibility and improving forecasting. APIs can help you integrate different solutions, enabling you to create a unique system that is tailored to your specific needs.
ABOUT OUR TREASURY MEGATRENDS SERIES
Tech innovation is transforming treasury. That’s why our Global Transaction Services Advisory team created Treasury Megatrends, a new series of articles to help make your treasury more intelligent.
ABOUT THE ADVISORY TEAM
Our Global Transaction Services (GTS) Advisory team consists of former corporate treasurers and practitioners, combining decades of treasury experience. With 10 members located across the globe, we offer advisory services to our most valued clients to help them meet their strategic goals.
GTS Advisory insights can include subjects such as working capital optimization, M&A, operating models, risk management, capital strategy and innovation. Support is often hands-on and onsite, and our advisors frequently help clients build strategic treasury roadmaps, inform capital or hedging strategies, or prepare change management business cases. We deploy the team as necessary to help address short-term challenges, as well as to realize long-term treasury objectives.