Define and document your functional requirements regarding cash visibility taking all the stakeholders into account before starting any technical work. This makes sure treasury is leading the way and not the system vendor.
Take a look at your existing system landscape (TMS, ERP, ..) and figure out if you can reuse data using smart interfaces, thereby saving you time and avoiding manual input errors.
Ensure that any manual input is as simple as possible for the system users. This ensures system acceptance.
We love working for you, but make sure that you are able to extend the cash visibility solution yourself without needing support from your system vendor.
Having all the figures 100% correct is important. While you are at it, you can also add additional information like documents, authorised signatories, cash pools, ratings, etc.
Change is the only constant – always choose and design your solution in such a way that you can adapt it to cater to changing functional requirements. This could inlucde guarantees, bank fees, cash flow forecasting or fx-risk management.
No matter whether your colleagues want to access cash visibility online reports, receive reports via email or browse them on their smartphones – we will make sure reports can be accessed as needed.
Establish smart checks of your data to spot any data inconsistencies.
