Treasury ManagementTreasury Tech
January 23, 2020

Do You Need Outside Help for TMS Implementation? Maybe

Consultants can help TMS implementations, but practitioners retain some skepticism. Implementing treasury management systems (TMS) is an arduous and complicated task that can benefit significantly from outside expertise but maintaining a skeptical eye can optimize the outcome. ATLG members who had implemented TMSs expressed horror at the notion of returning to Excel spreadsheets. Nevertheless, TMS vendor consolidation and other factors have worsened already sketchy vendor support services, increasing the need for outside help and expertise. The peer group of assistant…
Accounting & DisclosureBankingCapital MarketsCash & Working CapitalNeuGroup NewsNGITreasury ManagementTreasury Tech
January 7, 2020

Reimagining the Finance Future in 2020

Founder’s Edition, by Joseph Neu Five items for finance leaders to focus on in 2020 and beyond. 2020 is upon us and the year itself has vision and foresight in its name. Accordingly, it affords us all an opportunity to seek clarity on not just what the year will bring but also a view of what’s in store for the new decade. For finance practice leaders, I see five issues to focus on starting this year and for the coming…
BankingTreasury TechUncategorized
December 10, 2019

Back to the Future: Making Banks a Source for Innovative Solutions Again

Founder’s Edition, by Joseph Neu Working to reverse the notion that banks are no longer a source for innovative solutions. One of the trends we’ve seen in interacting with NeuGroup members recently is their concern that banks are no longer the source for innovation or solutions that tap the most innovative technology and digital thinking. And banks seem to be hearing this message, prompting them to respond to counter that perception. Unfortunately, some banks find it easier to respond with…
Treasury TechUncategorized
November 29, 2019

ION Treasury’s Cross-Product Solutions Strategy Reassures Some TMS Clients

By Antony Michels Company is highlighting innovations that work for all seven of ION’s treasury management systems. In the latest example of its cross-product, multi-brand strategy, this month ION Treasury is launching a cash forecasting solution powered by machine learning for its Reval and ITS treasury clients. ION says the strategy is to build solutions like this once and deploy them to all of its treasury brands, including Wallstreet Suite, Treasura, IT2, Openlink and City Financials. Cross-product solutions. The cash…
Treasury TechUncategorized
October 9, 2019

Tassat Offers Less Volatile Method of Corporate Blockchain Payments

The hype about blockchain technology has subsided as financial institutions and their corporate clients have set to work on developing practical applications. Tassat Group, known as trueDigital until a recent rebranding, launched just such an application last December that is being used by New York-based Signature Bank’s customers, and soon a large investment bank may make the service available to its corporates. “We’re working with another top-tier investment bank on a use case similar to what we have with Signature,”…