Improve treasury management services using Cloud

The finance function has undergone a metamorphosis in recent times owing to financial crisis and several other events. The treasurer is now being relied upon to cut costs and add value to organizations. Treasurers, today, face the challenge of doing more with less and this is being facilitated by cloud. Cloud facilitates movement of money and information between countries. Having a centralized treasury team can be done away with as using cloud platform facilitates management of operations from every corner of the world. Communicating with partners outside the organization is also made easier with a cloud-based treasury management system. Treasurers are being prevented from using Cloud due to safety and security of data issues which can be overcome with cloud providers providing better security than in-house systems. Read more at: https://channels.theinnovationenterprise.com/articles/the-treasurer-and-the-cloud