In times where market volatility and global and political uncertainty loom, having visibility over cash to gain a solid understanding of an organization’s financial situation and make the right decisions is fundamental. Yet, even as far back as 2019, PwC Global Treasury Benchmarking Survey concluded that 26% of global cash is not visible to corporate treasury daily. It’s not surprising then that the initial spread of the coronavirus laid bare cash visibility inefficiencies and vulnerabilities of the treasury function and their impact on the organizations. Two years into hard lessons learned, the importance of true cash visibility has never been clearer.

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