Balancing Digital Aspirations While Addressing Risk Management Fundamentals: Observations From Citi Treasury Diagnostics

42 TMS/ERP Integration with Bank Systems Fully Integrated Partially Integrated No Integration 79% 59% 21% 20% Treasury System Interface with ERP/GL Fully Automated Interface Partially Automated Interface No Interface 18% 64% 36% 46% Usage of E-Banking Platforms Very limited use of e-banking platforms Few platforms deployed globally Multiple platforms at each location 49% 14% 37% TECHNOLOGY FUNDAMENTALS: CONSOLIDATION & INTEGRATION A continued area of concern has been the inability of some companies to effectively integrate their technology ecosystem. 64% report that their TMS is either not integrated or only partially integrated with their ERP, a likely root cause for the significant use of manual processes to support cash flow forecasting. 79% report that they don’t have a fully integrated TMS/ERP platform with their Banks, again driving the need for manual reconciliations. On the plus side, less than half now (49%) report multiple E-Banking platforms at each location which would indicate a shift to Bank data transmission. “ The challenge for us is that our multiyear roadmap is totally dependent on rationalisation of ERP and data strategy so interested to see how we can accelerate and not wait 2 or 3 years. Looking for solutions that can deal with multiple GL formats to aggregate the information together.” — European Treasury, Multinational Distributor