Treasurers have been mandated to have control and maintain transparency over the cash moving into and out of their organizations. Data availability is imperative to achieving a single source of truth for cash positioning, allowing Treasurers to better understand opportunities, ensure effective allocation of capital, and ultimately optimize working capital. The ability to access secure data quickly has surfaced as a top priority as Treasurers look to present data as strategic information in decision making helping to elevate them as a strategic business partner. This session will explore the importance of adapting a data-led mindset to empower strategic decisions around working capital. Panelists will explore the importance of building a strong data pipeline, data visibility as a tool to drive automation and centralization, data security, and the benefits of pairing data visibility and API interoperability to drive innovation.
- Best practices in data management to align with the business’s strategic objectives
- Leveraging APIs and consistently enhancing security measures to help facilitate secure and real-time data exchange
- Benefits of centralized data approach to create a single view of capital, enhancing strategic visibility