software

Cash application is a highly manual, repetitive, time-consuming process. One that is rife with inefficiencies, audit and compliance issues and increasing bank costs. Many organisations accept the implications of manual cash application as a “necessary evil”. However, organisations who avoid utilising cash application automation software are hurting their bottom line. ...

In global enterprises, the key role of the treasury management team is to ultimately ensure effective cash management. After all, cash management is integral to the financial health of the company.