The Challenge of Achieving Real-Time Visibility
Pieter Cronje
Director & Head of Cash and Liquidity Management at TreasuryONE (Pty) Ltd
Real-time visibility into cash positions and liquidity is an absolute necessity. Yet, numerous organisations grapple with the challenge of attaining this vital insight. The inability to secure a clear, real-time view of financial standings, especially across diverse business units or geographical locations, can significantly hinder a company’s financial agility and decision-making prowess.
The Challenge of Achieving Real-Time Visibility
The crux of this challenge resides in the intricate nature of contemporary business structures. Companies frequently operate across multiple regions, each characterised by its own financial systems, currencies, and regulatory landscapes. While this diversity is advantageous for business expansion, it creates a labyrinth of data and processes that obscures real-time financial visibility. Moreover, the reliance on outdated or disparate financial systems compounds the issue, leaving companies with a fragmented view of their financial health.
The Impact of Limited Visibility
The repercussions of this restricted visibility extend far beyond the surface. Without a clear, real-time understanding of cash positions and liquidity, organisations often make decisions based on outdated or incomplete information.
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This can result in several adverse outcomes:
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