Today, CFOs and finance managers face a variety of challenges in many areas. Their ultimate goal, however, is clear and focused: they must minimize costs and maximize revenue by optimizing cashflow, in real time and at the corporate level.

Reality imposes constant changes on an organization’s finance and treasury aspects. . The pressure on these professionals is both from inside and from outside the enterprise. Market conditions force them to be more and more involved in all operational and strategic aspects of the organization’s activities, and regulations like SOX and IFRS generate commitments towards external entities.

Without suitable technologies, these challenges will remain unmet by finance and treasury departments.