The 7 Benefits of a Treasury Management System Infographic. See what a modern TMS has to offer to CFOs & Treasurers.
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7 Benefits of a Treasury Management System (TMS)
1. Benefitsof a Treasury
Management System (TMS)7
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Time Efficiency
Single Sign On instead of multiple
Web Banking logins, minimize the
time spent on authorization,
automate & schedule payments
initiation.
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Reduce Errors
Minimize Human Errors by
mapping your corporate processes
and digitizing your workflow
processes accordingly
Audit Control
Complete, Detailed & Accurate
audit trail within a single system
using the digitization of “4 eyes”
authorization process
Insights
Consolidated Analysis provides
actionable Insights to discover
inefficiencies and optimization
opportunities
Bank Flexibility
Gain flexibility to use multiple
banks or switch bank providers, as
you’re no longer reliant on a
specific bank’s web interface!
Compliance
Standardize Processes & Systems.
Be ready and compliant for the
emergence of global & regional
Financial Messaging Standards such
as SWIFT, SEPA, ISO20022.
Reduce Costs
Minimize cross bank transactions,
and related fees
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