Here ’ s what ’ s happening in treasury management today:
Data Accuracy Challenges : Manual processes lead to errors and inefficiencies, with a majority of treasury teams struggling to maintain data accuracy. This issue not only impacts reporting but also decision-making, as unreliable data can lead to missed opportunities .
Need for Automation : As businesses look to optimize operations, automating routine tasks like cash flow forecasting and account reconciliation is becoming a priority. With 49% of treasury leaders planning to upgrade their technology solutions, automation is key to reducing manual workloads and improving data integrity .
High-Risk Environment : Fraud prevention is a major concern, especially given that 56% of companies faced fraud attempts last year. Automating validation processes and implementing AI-driven monitoring systems can significantly reduce these risks .
Brisken ’ s AI-driven solutions can help streamline your treasury operations, providing real-time data visibility and enhancing process accuracy.
What ’ s your biggest treasury challenge? We'd love to hear what it is and ways we could help your team ! Click here to schedule a 15-minute meeting to get your team over these treasury process hurdles!
