Nomentia commissioned Forrester Consulting to evaluate the current state of cash and treasury management in large global multinationals, the challenges, and the opportunities to move forward.
We commissioned Forrester Consulting to create a study to understand how global decision-makers will embed cash management excellence into daily operations, processes, and decision-making in 2021 and beyond.
To improve visibility and forecasting, companies are adapting cash management, payment efficiency, and cash flow liquidity tools.
Cash flow transparency, flexible reporting, and data collection can eliminate the high costs associated with the lack of cash flow visibility.
Decision-makers agree that improving data analytics, increasing cash management and payment efficiency, maximizing cash flow liquidity, and improving cash flow and finance reporting are their top priorities in 2021 and beyond.
Technology can help to enable better cash management. Treasury management solutions with analytics, security, and automation can turn treasury from a cost center to a strategic revenue-creating opportunity.