Connectivity Standardization: An Essential For An Efficient Treasury
The goal of efficient and risk-free treasury operation can only be achieved through straight-through processing, for which standardization is a must. Because of this, corporates must carefully consider their connectivity strategy. The global nature of business today has led many organizations to rationalize their treasury and cash management services to manage their working capital better. A prerequisite for managing working capital is the ability to view cash almost in real time. Gaining global visibility across the entire enterprise is fast becoming an essential part of treasury operations.