Treasury Management System
Treasurers need to be able to assess their exposures and link them to hedges and execute and manage their FX contracts, and ERP treasury modules simply don’t offer the flexibility to support these types of functions.
Author of the quote
Corporate Treasury Management System (‘TMS”) is a software application that automates the steps required to manage cash flow, providing analysis of processes such as cash management and cash pooling as well as FX. TMS gives total and complete visibility of Fx operations on real time basis resulting in total control helping take better decisions with minimizing risk. It also provides easy reporting and accurate assessment of treasury performance.