article thumbnail

Navigating treasury trends in 2024: challenges, strategies, and the role of technology

Future CFO

From the ongoing global conflicts to the lingering effects of high inflation, corporate finance professionals are gearing up to navigate an environment marked by volatility and uncertainty. Staffing challenges and technology adoption Staffing emerges as a central theme for corporate treasurers.

Treasury 105
article thumbnail

Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

PYMNTS

While some corporate finance solutions providers are taking the outdated technology to task and focusing on shifting finance professionals onto new platforms, others are attempting to work with Excel spreadsheets and address areas of friction like manual data entry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Pandemic Wake-Up Call Drives Integrated B2B Platforms

PYMNTS

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.

B2B 125
article thumbnail

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

PYMNTS

The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. More than three-quarters of accountants surveyed by BlackLine last year said they believed AI would play a “significant” role in corporate accounting.

article thumbnail

ION Intros AI-Powered Treasury Solution

PYMNTS

Financial services firm ION is introducing the industry’s first treasury management solution for cash forecasting, powered by machine learning, the company announced on Thursday (Feb. “By using historical data, the solution has the potential to create cash forecasts more quickly.

article thumbnail

Looking Beyond Digitization To Optimize AR

PYMNTS

As enterprise digitization initiatives permeate beyond IT departments and into corporate finance functions, executives are exploring new approaches to modernizing the ways they manage money. With its close ties to payments and cash management, the AR function can drive revenue growth and cost savings.

article thumbnail

Payroll Considers Its Cash Flow Influence

PYMNTS

When it comes to payroll, it may not seem that a steady, consistently timed outflow of cash to employees plays a prominent role in overall cash flow strategy. But the payroll landscape is evolving rapidly, with potentially significant implications for corporate finances. The Digitization Drive.