Ways Technology Improves Treasury Management (Essay Sample)
It has shown that treasury is the sole backbone to ensuring success of any firm through perfectly assuring funding and liquidity necessities, important for guarantying sustenance based on a long-term timeline. But, in this juncture including performing conventional duties of a treasurer, there must be visibility, accountability, and transparency in terms of its operations. The paradigm transition entails understanding technology to being a digital solution for bolstering treasury management or rather treasury technology as commonly known (Bauer, 2017).
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In this century, technology consistently evolves frontiers for which many business operations and treasury management tend to be exceptional. It has shown that treasury is the sole backbone to ensuring success of any firm through perfectly assuring funding and liquidity necessities, important for guarantying sustenance based on a long-term timeline. But, in this juncture including performing conventional duties of a treasurer, there must be visibility, accountability, and transparency in terms of its operations. The paradigm transition entails
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