Blog Posts

Most businesses operate with some version of a treasury management system (TMS) — even if it’s a collection of spreadsheets. While these systems help teams track and manage transactions and cash flow, they don’t offer any systems to monitor the bank accounts and other legal entities connected to those transactions. In this post, learn how…

On Monday, October 19, 1987, the global stock market unexpectedly crashed. The event later known as Black Monday  resulted in an estimated $1.7 trillion loss worldwide. In its aftermath, businesses in every industry struggled to keep enough cash on hand. Then-CEO of Volvo, Pehr G. Gyllenhammar, popularized the expression that neatly summarized the prevailing sentiment:…

Banking APIs have revolutionized modern treasury management by enabling seamless integration and real-time data connectivity between banks and corporate treasury systems. These APIs serve as secure digital bridges, allowing treasurers to access account information, initiate transactions, and manage cash positions across multiple banks through a single location. In the past, treasurers relied on manual processes,…

When it comes to traditional cash management tools, treasurers face a slew of challenges. Manual processes and static spreadsheets create inefficiencies, are prone to errors, and lack real-time insights.  These obstacles make it difficult to get a comprehensive picture of the organization’s financial position and make informed, strategic decisions.  Treasury teams need modern, dynamic tools…

Treasury professionals know that cash reconciliation is an essential part of cash flow management for any organization. It shows the company’s cash position, identifies errors or fraud, and allows management to make informed, strategic decisions based on the most up-to-date information.  Unfortunately, the cash reconciliation process comes with several common hurdles that CFOs and treasurers must…

Ed Barrie   The road map that has become Treasury4 came from the experiences and roles I have had over my career in corporate treasury. It all started with my time at Microsoft, when I was trying to understand their systems and data flows. We were using multiple different systems, including integrations with SWIFT, SAP,…

Steve Helmbrecht   Ed Barrie, Nathan Brown, and I founded Treasury4 in 2020 around the desire to build the kind of tools we wish we had as practitioners. Ed developed a vision for software over the course of his career in treasury and, for the first time, the three of us decided to join forces…

The role of the chief financial officer (CFO) has evolved dramatically in recent years.   While the CFO’s primary responsibilities still include accounting, financial planning, forecasting, and compliance, these duties look different than they did just a few years ago—thanks to the rapidly evolving technological landscape.   Now, CFOs must be able to use data-based insights to…