For any cash optimization strategy, the key to success is having good cash visibility. The better your cash visibility the easier it is to make optimal decisions at the right time. Relying on spreadsheets can be time-consuming, difficult to maintain, and lacking a real-time element to reflect any changes.
ION’s TMSs help support organizations with their cash optimization strategies by providing this visibility. Enabling real-time data consolidation from your banks, ERPs, subsidiaries, and financing activities. Cash positions are automatically updated, and increased accuracy of cash forecasts allows organizations to react quickly to make optimal decisions, lower cash buffers, and decrease reliance on external funding.