Bramasol, the leader in SAP finance solution delivery, has announced a new Rapid Deployment Offering Global Cash Visibility Solution With SAP Multi-Bank Connectivity (MBC).
Webinar Video Treasury - Cash Management. How many accounts are too many? Do you know where your cash is?
Gain insights from leading experts on the latest trends in Cash Management and what best in class companies are doing to more effectively manage their cash. With over 20 years of hands on experience and leadership in the area of Treasury, our team shares a framework for approaching your cash management transformation.
Companies operating in today’s diverse global environments face unprecedented challenges with regard to managing capital assets, especially cash accounts that are distributed throughout multiple operating entities in different countries. These challenges are exacerbated within companies that have grown via merger and acquisition (M&A) strategies, which often results in trying to manage cash accounts across a variety of legacy financial systems.
CFOs and treasury departments need to optimize their companies’ cash agility amidst volatile foreign currency exchange (FX) environments while also complying with constantly changing regulatory environments and escalating global competitive pressures.
At the same time, many companies are realizing that leveraging new treasury-focused technologies and best practices in cash management can provide valuable benefits in terms of improving operating results, maximizing asset utilization and enhancing their ability to quickly respond to new opportunities.
Instituting strong enterprise-wide cash management is also saving valuable time and resources, thereby enabling finance staff to better contribute to high-value activities such as analysis, planning and decision support.