Manual processes are risky and time-consuming – and they make it difficult to give your CFO timely, high-quality information. Find out why you should automate processes with the cloud.
REASONS TO AUTOMATE YOUR TREASURY PROCESSES
trend sheet
MODERNIZE YOUR TREASURY TECHNOLOGY today
By taking full advantage of digital technology and the cloud, you can automate manual processes, mitigate risk and gain a clearer view over your cash balances.
Get in touch
Harness technology
Control costs
Gaining a clear overview of your company’s liquidity is essential, whatever the size of your company – but in practice, manual processes can make this difficult to achieve.
By adopting a digital solution that provides a clear view of your cash balances across different legal entities, bank accounts and geographies, you can gain full visibility over your liquidity position – putting you in a better position to manage the company’s cash efficiently and effectively.
OPTIMIZE LIQUIDITY
Gain flexibility
Add value
From FX and interest rate risk to the growing cybersecurity threat, the pandemic continues to exacerbate different types of risk exposure.
By automating your risk management processes, you can gain an accurate real-time view of your exposures – enabling you to make better decisions, avoid unnecessary hedging costs and streamline hedge accounting. What’s more, automated processes can protect your treasury from the risk of cyberattacks and fraud.
GAIN CONTROL OVER RISKS
Automate the approvals process
Global acceptance
Many organizations struggle with legacy payment technology that may be old, costly, difficult to maintain, and challenging to keep secure and compliant. Through modern, cloud-based payment platforms, you can centralize payment connectivity, maintain immediate visibility into payment activity and ensure adherence to payment workflows. As a result, you can save time, reduce costs and improve your payment controls.
CENTRALIZE AND AUTOMATE PAYMENTS
Increase reach
Drive innovation
In a high-risk environment, you need to be able to deliver information and insights to the CFO in a simple and digestible manner. But sourcing the necessary data can be difficult if you’re reliant on time-consuming manual processes.
Advanced technologies like robotics, artificial intelligence (AI) and APIs allow you to gain real-time insights, take advantage of predictive cash forecasting models and provide executives with the information they need to make critical business decisions.
HARNESS ADVANCED TECHNOLOGY
Comply with regulations
Improve decisions
Being able to access technology securely from home is an essential requirement for treasury teams as remote working continues.
With a robust cloud-based system, treasury staff can carry out their day-to-day activities from anywhere in the world. What’s more, upgrades and enhancements can be carried out automatically without any disruption to the team’s activities.
OPERATE REMOTELY
©2023 FIS and the FIS logo are trademarks or registered trademarks of FIS or its subsidiaries in the U.S. and/or other countries. Other parties’ marks are the property of their respective owners. 2227363
linkedin.com/company/fis
twitter.com/fisglobal
www.fisglobal.com
getinfo@fisglobal.com
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally.
Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
1
3
2
4
5
FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our more than 55,000 people are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index.
About FIS
Reduce fraud risk
By 2027, 90% of the total assets under management globally will have been allocated with the strategic assistance of AI/ML technologies**
Thomas Jerolitsch, Vice President, Product Management, Enterprise Treasury, FIS
Benefits
Deloitte Global Treasury Survey, November 2022
Benefits
Sixty-four percent of organizations state visibility into global operations, cash, and financial risk exposures as their top challenge.
* IDC FutureScape: Worldwide Capital Markets 2023 Predictions, October 2022
Benefits
100% of clearing and settlement workloads are expected to be conducted within a cloud environment by 2026*
* Celent Technology Trends Previsory: Capital Markets Sell Side, 2023 Edition, November 2022
Benefits
Key sell-side use cases for digital assets include:
repo transactions
crypto trading
digital securities issuance*
* FIS, The Global Innovation Report 2023
Improve decision making
Respondents favoring cloud-based technologies grew from 36% in 2019 to 42% in 2022.
Benefits
5
5
“Preserving liquidity is a top priority in challenging market conditions, but without digital solutions, companies may struggle to achieve an overview of their cash balances.”
%
0
Streamline costs
Deloitte Global Treasury Survey, November 2022
Forty-two percent of respondents have implemented API technology or plan to do so in the future.
%
0
36%
42%
Deloitte Global Treasury Survey, November 2022
Thomas Jerolitsch, Vice President, Product Management, Enterprise Treasury, FIS
Deloitte Global Treasury Survey, November 2022
Automate the approvals process
Reduce fraud risk
Respondents favoring cloud-based technologies grew from 36% in 2019 to 42% in 2022.
