Managing a treasury can quickly become too complex and time-consuming, especially when you’re doing so across multiple locations. Things can get especially difficult when your organisation isn’t big enough to have its own internal treasurer or when the team doesn’t have time to perform all the treasury management roles.

 

In-house teams are determined to achieve a sound corporate control framework and eliminate any gaps. They are increasingly forward planning, ensuring that, in the case of any mergers or divestments, they can expand or introduce new capabilities quickly.

 

In-house teams work hard to make things as efficient as possible, but many cannot justify the level of resources required to provide a best practice treasury control environment. They want to move away from legacy systems but this desire comes with the significant cost and effort required in acquiring the latest Treasury Management Systems (TMS) and the expertise needed to maintain, operate and extract true value from the investment.