With interest rates rising and a possible recession looming, what are treasury and finance teams doing to ensure they're as effective and efficient as possible? Two recent surveys provide divergent insights.
According to a recent "voice of the customer" report released by Deloitte's financial services practice, a substantial proportion of companies continue to use outdated—in some cases, severely outdated—technologies to perform core banking activities. The report is based on a survey of 175 treasury professionals and in-depth follow-up interviews with 12 of them. Participating companies are small to midsize. Still, their responses are eye-opening.
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