This article was written by Tom Alford and published on TMI Website on may 10, 2022. https://treasury-management.com/articles/is-a-treasury-tech-self-build-feasible/ Our consultant Patrick Kunz contributed to the content of the article via an interview. Treasury is an increasingly technology-enhanced function, and some treasurers have taken their involvement to the next level, building their own solutions. […]
Cash forecasting involves trying to predict the future, which is impossible. AI-based cash forecasting tools can help simplify a treasurer’s job, but striving for 100% accuracy is a waste of time. Treasurers should focus on using the data they have to gain insight into their future cash position, rather than attempting to predict every single factor.
We cannot switch on the news without hearing about technological advancements which, supposedly, make our lives easier, better or smarter. We all embrace these, get used to them and cannot do without them anymore. Sometimes we think back to the time before these advancements and cannot image how we lived without […]