Spreadsheets may be the financial team's trusty old friend, but just because they're cheap doesn't mean that they're the best option for managing treasury. From both an efficiency standpoint and also the level of risk that spreadsheets bring into an organization, it may be time to reduce your dependency on them and adopt a dedicated treasury management system.
Information technology leaders, CIOs, CTOs, CISOs and their teams, have an increasingly heavy burden to launch new technology that drives competitive advantages at their organization. The demand for improved security, scalability and efficiency are top priorities for business leaders around the world. Most companies are going through some type of digital transformation to meet these demands, but with so many areas in need of an upgrade to their existing and aging solutions, how do IT teams prioritize projects? Gaining the most value for the organization starts with Finance.
To what extent are CFOs embracing the role of ‘Chief Growth Officer’? And what does this mean for corporate treasurers? A recent webinar with Nilly Essaides, Senior Research Director at The Hackett Group, and Cheik Daddah, Global VP of Value Engineering at Kyriba, delved into this topic and explored the role CFOs play in supporting profitable growth across the organization.