A collaborative and consultative approach is vital when it comes to the implementation of any treasury management system. A combination of in-house consulting from a systems provider and the use of qualified, certified and competent external implementation partners can make a real difference in ensuring maximum added value from your TMS.
FIS has been helping clients to maximise the value they achieve from technology and taking their treasury operations to the next level of efficiency and sophistication. This hard work has been rewarded by the TMI 2019 Innovation & Excellence Award for Best Cash & Treasury Management Solution.
Over the past few years the strategic importance of the treasury function has been enhanced as financial institutions have been required to respond to the rapid pace of disruptive technological change. A failure to embrace these increasingly advanced technologies will result in treasuries falling behind the organisational development curve.
Data from a recent HSBC survey titled 'Fit for the future: monitoring transformation to Treasury 4.0' suggests that many treasury and finance professionals believe that Industry 4.0 will be predominantly data-driven, combining the skills of treasury teams and emerging technologies to execute a successful treasury transformation.