Most global organizations lack comprehensive insight into cash flows.
At the heart of this challenges is the need for effective bank account management. Ranking as the most frustrating process for treasurers at global enterprises, the process of managing, closing and opening accounts worldwide — while staying compliant with multinational regulations — is complicated, time-consuming and inefficient.
With hundreds or thousands of bank accounts worldwide, global cash flow visibility across these accounts can feel impossible – but it’s critical for effective liquidity management.