The purchase of a new treasury management system (TMS) is a major technological investment for any organization. For this reason, chief technology officers (CTOs) and IT personnel often support treasury teams during the request for proposal (RFP) process for a new TMS. In fact, responsible technology vendors would normally suggest that the CTO is involved in the process from start to finish.
Cloud and SaaS
A treasury management system (TMS) can bring numerous significant improvements to your treasury, such as automating manual processes, reducing fraud risk and elevating the strategic function of the team to optimize working capital. But before you can bring these benefits to your team and the organization as a whole, you will first need to implement the new system.
EmblemHealth, one of the nation’s largest nonprofit health plans, serving people who live and work across the New York tristate area, made a bold move to reduce semi-manual processes and replace them with fully automated solutions from Kyriba.