Why cloud matters to treasury

June 26, 2013
Bob Stark, vice president of strategy, Kyriba, explains why cloud delivered SaaS solutions offer more value to CFOs and treasurers than ASP or installed systems.
Cloud technology is commonplace in virtually every aspect of our lives. And while cloud technology is becoming more prevalent in treasury solutions, treasury management systems have typically not been delivered in the cloud. This trend is starting to change as treasury technology providers realise that web-enabling older systems does not offer the same benefits as natively developed SaaS applications.