Cash Management Expert Driving Growth Through Specialist Advisory Services
October 7, 2024
Imagine a treasury operation with no manual data entry and instant cash flow visibility, where decisions are driven by real-time insights, full automation of decisions around hedging using AI, APIs all over the place making everything feel simple. This vision could be the Future of Treasury.
Treasury Challenges
Many treasury teams still rely on manual processes and spreadsheets, leading to inefficiencies, delays, and risk exposure. In global operations, decisions made locally can often mean group treasurers are playing catch-up, reacting to issues rather than managing them in real time. Lack of single instance ERPs, no TMSs…. Always chasing the tails.
The Promise of Real-Time Treasury
Real-time treasury promises to change the game by providing immediate access to cash positions, faster decision-making, and enhanced risk management. It can allow treasurers to optimise liquidity, minimise errors, and streamline operations and automate, automate automate.
Where is your treasury on these topics and would you be treasury ready?
The real-time treasury proposition demands investment in technology and process change. Tools like cloud platforms, AI, and APIs can help you get close to what might be a realistic position. If your current set up isn’t delivering, it may be time to explore, through Oxygen Consultancy Ltd, how real-time / near real-time treasury can improve operations.
