Author: Anita Hawser   By Anita Hawser  Over the past 25 years
multinational corporations have made significant efficiency
gains by centralizing treasury management operations, and thanks
to the advancement—in quantum leaps—of treasury management
software.  300 07-Looking-Back-Moving-F-p54_55  The Cloud is a
revolution and a revelation, and Cloud-based solutions are
changing the way that companies' finance operations access their
data and make use of it. The only challenge now is automating
those processes that are still manual and paper based.
Corporations want a more accurate financial snapshot of their
positions at any given moment to make better-informed decisions
on managing cash and liquidity. How many bank accounts do they
have globally and how much is in those accounts? How is money
moving around in each account? Attaining this financial holy
grail is still challenging and time consuming.  But it can be
done. Treasury management systems and software developments in
the past 16 years have helped compa