Regularly I read press releases about companies winning an award for the best system or most innovative solution in their resepective industry - and here in the treasury world we also have our own bunch of awards.
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While reading about the Satyam fraud it still surprises me that it is so easy to cheat the auditors, even though they have a great tool right at hand for sniffing out problems: cash.
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Treasuries are all too rarely measured on their ability to help the company succeed. However, any CFOs wishing to measure their treasury department’s performance in 2009 will find that the credit crisis has made it even more difficult to achieve an accurate indication of success.

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For a long time centralisation has been the holy grail when it comes to improvements in treasury and cash management.
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A new report from Gartner predicts that revenue generated from enterprise applications delivered through software as a service (SaaS) will grow by 27 percent in 2008. This of course also covers treasury applications.
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