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The objective of our Treasury Technology practice is to help
clients evaluate, select and implement appropriate and cost effective
technology for treasury applications.
There are four steps in our consulting methodology:
- Development of business requirements through the use of interviews
and web-delivered surveys.
- Evaluation of the current state of treasury systems. We work with
both systems and treasury in reviewing legacy systems, ERP platforms
and existing bank or third party software to determine what should be
integrated, upgraded or replaced.
- Review of prospective suppliers and other alternatives. We assist
treasury in their needs assessment, determining if a third party
system or an alternative in-house solution would best meet these
needs. Based on our knowledge of treasury systems including
capabilities, limitations and costs we will prepare a cost benefit
analysis of the various alternatives. We often produce an RFI at this
stage to determine the interest and viability of prospective
suppliers.
- RFP development and vendor selection involves preparing an
in-depth RFP for prospective vendors, creating an evaluation
methodology and working with treasury and systems to select the best
provider. Implementation assistance includes working with the selected
vendor or in-house systems team to correctly map and integrate
treasury procedures into the new system.
We work to make sure that technology solutions are adapted to meet
the needs of treasury. Please visit the Publications page to download articles on treasury technology. |
