Treasury teams of all sizes deal with the same core challenges: achieving visibility into cash flows, predicting future liquidity, and managing all their other responsibilities, usually with a very lean staff. For small to midsize organizations, these challenges are often magnified if the treasury staff uses manual and spreadsheet-based processes to manage growing and increasingly complex businesses. Automating and modernizing processes can make a huge difference in the efficiency of the team's treasury operations and their ability to serve as a strategic partner to the business.

"The size of the company does not dictate the complexity of the organization," explains Scott Carpenter, CFO of Post Falls, Idaho–based NWR, Inc. "Efficiency is just as important—maybe more important—for a company our size as for a Fortune 500 business. To move forward with this project, we had to have the right audience within the organization. But once we gained the support of management, we discovered that there are a lot of tools out there that can relieve treasury and finance teams of their manual workload."

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.