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Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

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Using Excels spreadsheets to analyze daily global cash positions is the largest time-waster, analysts found, noting that this process alone wastes 1,296 hours a year. Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets.

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Corporate Finance’s Interest In AI Doesn’t Lead To Adoption: Oracle

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Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. What’s Holding Adoption Back.

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Payroll Considers Its Cash Flow Influence

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Automatically looping information across various financial platforms — including accounts payable (AP), accounts receivable (AR) and expenses — is critical to achieving a real-time view of cash positions and developing more accurate forecasts.

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Robotics Process Automation Rakes In The VC Cash

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RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. million raised, U.K.-based

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Pandemic Wake-Up Call Drives Integrated B2B Platforms

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Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

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Real-Time Payments Driving Real-Time Liquidity: Deutsche Bank

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Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. ”

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