CASHING IN
AUSTRALIAN TREASURY AND FINANCE TEAMS TURN TO LOW-CODE PLATFORMS TO REINVIGORATE THEIR FORTUNES
Christian Lucarelli , Vice President Asia Pacific , Nintex , speaks to us about automation and how it aids financial teams across Australia . He also details its adoption and how this is only accelerating across the country .
Rising global inflation , interest rate increases and economic uncertainty have brought finance – and specifically treasury – functions into sharper focus . All eyes are now trained on the levers available to these teams to operate efficiently , reduce risk and navigate these tricky market conditions .
Some clear trends in this space are emerging .
Teams want to have more refined control over these levers . They also increasingly want backend processes to be as automated as possible , and for that automation to be simple enough for teams to specify , design and switch on .
Automation was already a technology of interest to treasury and finance teams , but this has increased in recent times , according to Deloitte . It is now seen as an enabler to address key challenges facing treasuries , including ‘ liquidity management , financial risk , Business Continuity and operating model priorities .’
In another study by PwC , process automation is positioned as a key tool
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