Volatile markets and strong exchange rate fluctuations require a near-real-time insight into corporate cash movements. Achieving cash visibility is of particular significance to treasurers and cash managers because it delivers the fundamentals for strategic decision-making concerning financing, FX hedging and investments. It is also essential for accurate cash flow forecasting, managing cash and risk exposures efficiently to ensure the financial solvency of the organization on a daily basis.

Traditionally, cash visibility is all about knowing how much cash you have in your bank accounts. This is often a challenge for organizations, because the more bank accounts you have, the more complex it is to consolidate the information centrally. Complexity increases if an organization has to achieve cash visibility across different countries, currencies, communication protocols and formats.

By going beyond the traditional approach to cash visibility and pursuing a holistic and integrated, bottom-up approach to cash flow forecasting, treasurers can access much more comprehensive data including operational data from inbound and outbound payment processes and other related finance processes. Such data is typically readily available in an organizations enterprise systems. Accessing such data can be much simpler than is widely thought.

Discover in our whitepaper how treasurers can benefit from a wealth of information for even better informed decision-making by integrating treasury with enterprise systems and automating the retrieval and processing of such data.