
How treasurers use technology was significantly altered by the pandemic coupled with the shift to remote working. The pandemic really accelerated the shift to digital, which means that many time-consuming jobs, such as cash forecasting that would previously be done manually, have now been automated. If you are looking for corporate treasury jobs then please see here.
Technologies such as AI and Machine Learning have ended becoming a necessity rather than a luxury and the industry is waking up to this realisation. According to a recent survey by Treasury Dragons, 45 per cent of interviewees said that they plan on spending more on treasury technology in 2023 than they did in 2022.
Besides saving time and money, this new technology also allows treasurers to analyse large volumes of data quickly, reduce errors, mitigate risk, and detect fraud. Below are some of the key technology trends that are already being seen …