Treasury Automation: Adapting to Increased Expectations
- Date:February 26, 2022
- Author(s):
- Steve Murphy
- Research Topic(s):
- Commercial
- PAID CONTENT
Overview
The Automation of Treasury Management Software Solutions Is a Priority in Corporate Financial Operations
Automating treasury operations has been a steady goal in corporate finance since at least the mid-2000s. The increasing technology capabilities of the past several years, along with the pandemic, which has refocused the corporate world on liquidity, have combined to help shift treasury automation into a higher gear. In a new research report, Treasury Automation: Adapting to Increased Expectations, Mercator Advisory Group reviews the traditional and now changing role of treasury management into a more strategic resource for the CFO. Forward-thinking financial institutions, traditional treasury management solution providers, and latest generation fintechs are striving to assist their corporate clientele to optimize their capabilities in treasury operations. Companies are looking to their providers to help move them to a new level of effectiveness.
“Treasury management has traditionally been a specialized and lightly resourced area of corporate finance. This began to change after the global financial crisis as the role of treasury began to expand in the planning and execution of corporate financial imperatives,” commented Steve Murphy, Director of Mercator Advisory Group’s Commercial and Enterprise Payments Advisory Service, author of the report. “That adaptation through technology advancements continues and, of course, received a boost from pandemic-generated issues when the recognition of digitized financial processes as a catalyst for improved financial operations became quite clear to many, especially lagging organizations.”
The document is 17 pages long and contains 4 exhibits.
Companies and other organizations mentioned in this report include: Cashforce, Citi, Coupa, Deliveroo, Financial Data Exchange, Finastra, FIS, Fiserv, FISPAN, GTreasury, HighRadius, HSBC, Infosys, ISO, IT2, Kyriba, Planixs, Serrala, SmartBear, SWIFT, TCS, Temenos, TIS, Treasury4, Trovata, Wells Fargo, Wipro
One of the exhibits included in this document:
Highlights of this document include:
- A detailed review of the traditional role of treasury management and the key functions of treasury operations.
- An analysis of the shifts occurring in strategic expectations around treasury management.
- A breakdown of four key technology trends that are impacting the efficiency and effectiveness of corporate financial operations.
- A case summary of how one institution used technology to become a more strategic partner for a corporate client.
Interested In This Report
Related content
B2B E-Commerce in the U.S. Market
The next generation of buyers is likely drawn from Millennials and/or Generation Z. Younger generations expect digital experiences in their buying journey that are reminiscent of b...
Supply Chain Finance: As Important as Ever
Review the need for supply chain finance options in the post-pandemic global economy, which remains uneven with continuing supply chain disruption. Understand the issues facing sup...
Fintech Trends in Corporate Banking
This impact note reviews the developments and trending movement of fintech as it relates to the corporate transaction banking space, which in effect is regarded as business-to-busi...
Make informed decisions in a digital financial world