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The new rules of treasury: AI, big data and cloud computing for financial management

Posted: Tue Dec 17, 2024 6:34 am
by jrineakter0.2
Technologies such as artificial intelligence, big data and cloud computing are transforming treasury management and redefining the strategic role of CFOs.
On November 28, at the National Congress of Financial Management (DIRFCON), we will participate in the talk entitled “Main trends in Treasury Management”.
In this article, we offer some ideas about the new scenario in which financial management is moving.
The advent of artificial intelligence and other automation processes is revolutionizing the way companies manage their treasury. Previously manual and tedious processes, such as bank burundi email list reconciliation or cash flow forecasting, can now be performed more efficiently and accurately.

This change not only affects internal operations, but also has a direct impact on the agility and competitiveness of companies. Identifying and adopting these trends early enough can make all the difference in such a dynamic market.

Sage will participate in the National Congress of Financial Management (DIRFCON) to be held at IFEMA on November 28, in an interesting talk on the Main trends in Treasury management.

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The new challenges facing the CFO
The role of the financial director has changed . His or her job is no longer limited to reviewing accounting or tax data, making collection and payment forecasts or checking budget deviations.

Nowadays, it is an essential support for the CEO to be able to carry out a good job, and it is necessary to be able to implement the company's growth or expansion plans , to ensure the necessary flow of resources and, ultimately, to contribute their strategic vision in decision-making .

All of this is based on a fundamental premise: achieving the greatest efficiency in the performance of its functions. Technologies such as artificial intelligence, big data and cloud computing are redefining how companies manage their treasury .