Automation and strategic partnerships are transforming TMS during the pandemic
Advances in technologies that allow for automation of processes have “completely revolutionised the forecasting process” for treasurers, according to Brett Turner, CEO of Trovata.
Having a multi-bank application programming interface (API) data platform is “paramount if you are seeking digital transformation.” He points out that many cash-centric workflows in treasury are binary and that if a treasurer doesn’t have all of their banks reporting, “it’s really hard to take action with a high degree of confidence.”
In August, Trovata and ICD launched an integrated corporate treasury solution.
Source: The Global Treasurer