Treasury technology implementation
As a result of the increased demand for (real time) treasury data, in combination with an ever changing regulatory landscape, treasurers are looking to increase their visibility on liquidity and financial risks. Technology plays a crucial role in managing the increased complexity in treasury operations more efficiently to meet these goals. Hence, to strengthen control and visibility of treasury related activities throughout the company, many corporates aim to centralize and standardize their treasury activities as much as possible by deploying appropriate treasury technology. For example, by implementing a new TMS, upgrading their current TMS to the latest version or implement a specialized / add on functionality in a different best of breed system.
In the beginning of March, Zanders organized a “jargon-free” Breakfast Session to explore what robotic process automation (RPA) is all about. We had a look under the hood of a complex, hard-working robot and shared experiences on how to make the journey of deploying a digital workforce as smooth as possible.
On 24 September, Zanders hosted the Payment Hubs & Bank Connectivity Seminar in collaboration with the Dutch Association of Corporate Treasurers (DACT) and Enigma Consulting. The event offered corporate treasurers the unique opportunity to be updated on developments in bank connectivity and compare nine payment solution vendors: Cobase, Exalog, FIS, Omikron, OpusCapita, Pelican, PowertoPay, Serrala and TIS. Product demonstrations were supported by client co-speakers sharing practical insights and key learnings. The program was complemented with interesting sessions on trends and best practices in the area of corporate payments and bank connectivity. The large number of participants showed that payments and bank connectivity are high on the agenda of corporate treasurers.