Treasury management - The future of cash visibility

Question 1

What are the benefits of Cash Visibility?

Answer 1

• Reduce idle cash
•Invest cash for longer and in
higher yield instruments
• Use cash for early payment
programs
• Reduce number of bank accounts
and bank fees

Question 2

What are new technology that Treasury is beginning to

adopt?

Answer 2

 APIs (Application Programming
Interface) => faster and richer stream of information
 Data visualization => ondemand reporting, intelligent
analysis
 Artificial Intelligence => greater automation, more advanced decision making

Question 3

Why does APIs matter?

Answer 3

APIs enable a single platform to interconnect with multiple systems, services, and information sets without having multiple logins or data control issues
e.g. banks, ERPs, trading platforms, market data.
AND For Cash Visibility: Real-time bank reporting
and payments, Instant reporting into investments, borrowing. On-demand cash flow updates from ERP, Market data and calculations in real-time

Question 4

What will APIs offer?

Answer 4

1) Pre-integrated data across
many systems; no more copy/paste or “interfaces”
2) Digital, real-time treasury
3) Shift time to analyzing, finding exceptions,
ensuring policy compliance

Question 5

Tell me about Data Visualization?

Answer 5

Different than Reporting.
 Visualize information to find new conclusions
 Easier to identify patterns
 On-demand drill down into problem areas
 See visibility and uncover gaps

Question 6

What is Robotic Process Automation (RPA)?

Answer 6

• Robotics is the next generation of automation for
software applications
• Robotic software (“bots”) will automate repeatable,
predictable treasury tasks
• Best application: replicating manual clicks and data entry across multiple systems (e.g. logging into ERP,
copying data to TMS)

Question 7

What is Artificial Intelligence (AI)

Answer 7

Limitation of today’s ‘bots’ is what can be programmed by a person; they are not ‘intelligent’ since they do what
they’re told.
 Artificial Intelligence uses ‘Machine Learning’
- Software learns (without human intervention) by analyzing data
• Develop new rules – e.g. reconciling transactions
• Instantly find exceptions – e.g. bank statements, payments
• Build forecasts – e.g. predict invoice clear dates

Question 8

What is The Future of Cash Visibility (daily cash)?

Answer 8

1) Keep cash safe (from currency, country,
fraud risks)
2) Optimize deployment of and return on cash
3) Next generation of technology will make
visibility real-time – and drive more advanced decision making from that visibility

Question 9

***What’s the difference between API, Robot advising and artificial intelligence?

Answer 9

Application Programming Interface (API) This is a software that you can buy from many companies and they will take the data you have in your company and massage it and give you a forecasting
Robot advising: it will take what you have in your systems and try to massage it and see if there’s a trend, something repeats over and over and over again. (Movie date)
AI: will take whatever is happening with the robotic, but we’ll push it a layer further. (Mark and Louise are getting older, they graduated from university, so therefore let’s anticipate that next time they go out. It’s going to be rock show dinner and maybe a weekend somewhere so it’s gonnabe $2,000.