For DTE Energy, the Detroit-based gas and electric utility holding company, the key to transforming itself from a low-tech shop bogged down with time-consuming manual processing and limited data access was moving everything to a single instance of SAP 5.0, its enterprise resource planning software. For DTE’s treasury, the switch meant use of SAP’s treasury, bank accounting, cash management and in-house bank modules.
As technology continues to evolve, treasury teams focus on payments and transparency.
Basel III agreement completes the post-crisis regulatory framework.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
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