Successful Businesses Excel At Cash Management
18-05-2021 | treasuryXL | Nomentia |
Nomentia commissioned Forrester Consulting to evaluate the current state of Cash and Treasury management in large global multinationals, the challenges, and the opportunities to move forward.
Embrace future-fit Cash management
We commissioned Forrester Consulting to create a study to understand how global decision-makers will embed cash management excellence into daily operations, processes, and decision-making in 2021 and beyond.
- Cash flow management tools | To improve visibility and forecasting, companies are adapting cash management, payment efficiency, and cash flow liquidity tools.
- Improve cash flow visibility | Cash flow transparency, flexible reporting, and data collection can eliminate the high costs associated with the lack of cash flow visibility.
- Automate core processes | Automating core day-to-day tasks while guaranteeing payment security brings efficiency into the high complexity of treasury operations.
83% of decision-makers at large multinational enterprises say that low Cash visibility has hidden costs
Understand the cash flow, payment visibility, and efficiency -> Decision-makers agree that improving data analytics, increasing cash management and payment efficiency, maximizing cash flow liquidity, and improving cash flow and finance reporting are their top priorities in 2021 and beyond.
67% say it’s challenging or very challenging to collect data on cash flow
Technology can help to enable better cash management. Treasury management solutions with analytics, security, and automation can turn treasury from a cost center to a strategic revenue-creating opportunity.
52% of business leaders are prioritizing adopting SaaS Treasury management solutions
Download Study
Learn how companies are enhancing their cash excellence to strengthen and transform cash management operations.
