What to expect from a 21st century TMS!
What are the key things today’s corporate buyer should
expect from a new treasury management application?
Are you considering installing a new treasury management application? If
you’re like many corporations, you’re probably using spreadsheets to
manage your current treasury operations, but you recognise its time for a
more sophisticated solution.
Payment Components have been providing treasury management
applications to corporations for over eight years. Our treasury management
solution is called aplonCash and it is designed to make a corporation’s
treasury management more efficient, improve its risk management and
treasury controls, whilst improving cash management.
A modern treasury system should easily integrate with existing corporate systems and acts as
an interface between a company’s internal systems and their banking
partners and produces outgoing payments in the industry standard SWIFT
and SEPA formats and processes incoming validation files.
Five things you should expect from a treasury
1. Bank account & currency consolidation under a single
No more switching between dashboards and spreadsheets as aplonCash
will enable you to consolidate and streamline all your accounts and
currencies into a single view
2. Streamlined workflows when authorizing and initiating
Save time with streamlined payment authorization and initiations compared
with the manual processes your corporation currently uses.
3. Detailed insights across all your accounts
Drill down to specific information using multiple filters including bank
accounts, corporate legal entities, divisions, payees, etc
4. Advanced analytics
Use advanced analytics to implement cost saving strategies using
forecasting and analyzation of the cost of crossbank
evaluation of alternate payment schemes.
5. A dynamic and agile support team
With the right support team in place, your ensure your treasury
management system is future proofed against the fast paced and ever
changing FinTech & FinServ landscape.
If your corporation is considering a new treasury management application
solution and our wondering what to expect, I hope this review of some of
the key benefits of a treasury management system will be useful.
Payment Components would be delighted to showcase how UNUapi could be the catalyst to your treasury system.