Keith Harris Manager of European Sales and Support at FXpress Corporation
Keith Harris Manager of European Sales and Support at FXpress Corporation

The Complete Web-Based Treasury Management System: Corporate Treasury’s Silver Lining

Keith Harris illustrates how treasury organisations have the opportunity to utilise web-based treasury management systems that apply connectivity to streamlining and improving treasury processes.

First Published: e-Forex Magazine 19 / Features / July, 2005

If addressing treasury globalisation and the associated compliance issues is the dark cloud that hangs over today's treasury organisations, the silver lining is the opportunity to utilise an emerging breed of web-based treasury management systems that apply connectivity to streamlining and improving treasury processes.Centralisation and regulation have become the most important priorities of cash managers and treasurers at the world’s leading multinational corporations, according to a recent survey conducted by EuroFinance, a U.K.-based company that provides research, conferences and cash management training to finance professionals worldwide.This shift in priorities is driving the development of today’s treasury management systems, which utilise the power of the Internet to offer unrivalled connectivity and system openness. These elements, along with clever design and strong functionality, make it easier and more cost-efficient for a corporate treasury to meet regulatory compliance standards...continued

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