It's been a decade since the financial crisis – and resulting global economic downturn that forced treasurers to take a closer look their financial operations and better plan for future contingencies.

Over this time, Treasury Management System providers have been promising the power of automation to help treasurers globally to quickly gain control, optimize resources, and plan for scale. But how far have we really come?

Different Day, Same Expectations

Fast-forward to today. Many treasury professionals are still searching for practical solutions to address legacy challenges such as bank connectivity, cash visibility, reporting, and payment security. With basic challenges not being addressed, it seems impossible to have enough bandwidth to focus on proactive, strategic initiatives.