Risk mitigation and regulatory compliance are two of every CFO’s most pressing concerns. The CFO is expected to provide certainty and predictability of cash flow and earnings targets, yet these variables are subject to daily volatility, and can be impacted by a significant number of internal and external influences. The CFO must also be an expert in compliance, understanding the details of financial regulations, and the nuances of how to most efficiently comply.
A treasury management solution (TMS) can provide wide-ranging benefits for a CFO to reduce their exposure to risk and noncompliance, in addition to providing the treasury team with the tools to make more accurate, data-driven financial decisions.
This ebook highlights how implementing a TMS can assist the CFO in addressing a number of risk factors, including:
- Liquidity risk
- FX volatility
- Fraud and cybercrime
- Operational risk
- Regulatory compliance