Buying and Implementing Technology for Treasury Professionals – Achieving Maximum Value From Your Treasury Technology

Things you will learn:

• Benefit of modern treasury technology
• Tips to extract the maximum value from your Treasury Technology

Tips and Tricks to maximise your treasury needs.

In this episode of Treasury Tuesdays, Tracey Knight (Director-Solution Engineering, High Radius) and Jack Trainor(Director- Digital Transformation Treasury) , explain and share their experience they will go into the “what” and “how” of delivering greater value realization at your company from your treasury technology.

• Analyse the KPIs regularly to ensure that you are getting the same or better outcomes after implementing the solution.

  When it comes to implementing a software, it is essential that you monitor those KPIs on a regular basis so that at the end of the implementation, you have a proper understanding of where you stand in the current scenario and can get the most value out of the specific treasury technology.

• Train the new employees by the vendor or a subject matter expert in order for them to fully understand the features and functionalities.

  It is vital to train employees on the job to be trained by the vendor or an expert in order for them to understand the nuances of the software that they are using. The training will then assist the company’s employees in adapting and adopting to the technologies that they are employing. They can build new models and implement them more effectively as they gain experience in this industry, allowing them to completely comprehend the capabilities and functionalities of that specific software.

• Perform a thorough review of the solution with the help of a consultant or end user.

  The consultants or end users will support you from the technology selection process through implementation by assisting in the creation of the most effective roadmap and the identification of potential pitfalls and opportunities along the way. Furthermore, it is a great decision to have your product checked and extract some tips and tricks so that the implementation of your software can be improved.

These tips and strategies are intended to assist you in making the most of the treasury system you’re putting in place. To get the most out of the method, make sure you’re using those tricks and extracting the most value and advantage for your company.