In an interview with the AFP, Mack Makode, VP and treasurer for Under Armour, provides some tips for treasury professionals on how to make connectivity more efficient and cost-effective.
He recommends applying automation to improve cash visibility, liquidity planning and connectivity with ERP systems.
He also recommends using a cloud-based treasury management system to reduce costs. Additionally, if you are changing your TMS, the most cost-effective way of doing so is to use an aggregator.