Cloud will ‘change the life of treasury’ as companies look to the future

The cloud is the future when it comes to treasury management systems, according to a number of speakers at Eurofinance Copenhagen.

Automatic updates, fixed fees and optimisation were among reasons put forward as to why moving to the cloud is the best option for firms looking to upgrade. John Colleemallay, senior director of treasury and financing at French company Dassault Systèmes, says that control of budgets and scalability are also major factors for why the company switched to an off-site service.