Finance heads seek increased visibility over cash

Richard Davies, Asia-Pacific director of Logica’s global products business, explains the pivotal role that technology plays for expanding companies in the region.
Logica's Richard Davies.
Logica's Richard Davies.

The financial crisis highlighted the dangers for firms that neglect their technology base. How has the importance of technology evolved post-crisis

The financial crisis has increased the already growing pressure on corporations for effective cash management. More than ever, treasurers seek greater visibility over cash and liquidity and are using technology to help solve their cost, compliance and control agenda. Companies operating across Asia-Pacific are being faced with decentralised structures, legacy back-end systems and lots of bespoke connections to banks which prevent effective cash and liquidity management. This highlights the need for effective technology in place to streamline systems and increase efficiency.

As we head into 2011, what technology trends are you noticing...

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