Press Release: Companies focus on cash visibility

Feb. 1, 2011--New York--New research has confirmed that many treasury departments are actively engaged in continuous operations to improve their cash visibility, finding that at present the estimated level of visibility of cash as a percentage of the total cash in the organization is 78%.

The research, undertaken by IT2 Treasury Solutions, a leading provider of treasury management software to corporate treasuries and financial institutions, also found that in the next three years, responding treasurers projected that the level of visibility of cash as a percentage of the total in the organization will rise to 91%.

Comments

Advertisement. Closing in 15 seconds.