New market research from Haymarket Intelligence has highlighted the fact that many corporate treasuries in Asia-Pacific are still using Excel spreadsheets to manage treasury and cash management operations, but that many are looking to change their treasury systems during the next year.
Specifically, the research, which was carried out online via FinanceAsia’s Corporate Treasury News website, revealed that a majority of those who answered this question still use in-house systems or Excel spreadsheets as their core treasury system. However, one-third of these respondents went on to indicate that they were likely to upgrade their operations within the next 12 months. Of these, approximately 50% said they would buy off-the-shelf...
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