Treasurers Explore

The Line That Separates Challenge From Opportunity

The line between challenge and opportunity can be a thin one, as many of today’s chief financial officers (CFOs) and corporate treasurers are quickly discovering.

The digitization and acceleration of back-office financial workflows have presented the opportunity for organizations of all sizes to become more agile, with more data available to treasurers for clearer, real-time visibility into cash positions.

At the same time, however, these innovations have also introduced unfamiliar disruptions to antiquated workflows, creating new challenges for treasurers to understand how to readjust their processes and cash flow management strategies as their role within the enterprise grows more complex and valuable.

Speaking with PYMNTS, Fides Head Client Relations Simon Kaufmann explores how some of the biggest opportunities to modernize the treasury function are adding new pressures to finance teams as they navigate the pandemic. By the same token, he notes, there are also emerging challenges that can add a world of opportunity for corporate treasurers.

Read the full article on here.

The Fides Difference

Fides is the world leader in multibank connectivity, payments and transaction communications. A market leader for more than a century, Fides is committed to the principles of Open Banking, making treasury and financial operations as efficient, transparent and secure as possible for all organizations.

Fides provides everything organizations need for efficient cash and liquidity management, all through a single platform — along with connectivity to more than 13,000 financial institutions through an unmatched range of methods and channels. Thousands of companies around the globe rely on Fides’ connectivity capabilities and comprehensive workflow, reporting, conversion, validation and security services, for their own businesses and for extending services to their clients.

Whether you access via the secure Fides Multibanking Suite or take advantage of our seamless integration with third-party ERP, TMS and other backend systems, Fides is the only platform you need.

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