Future-proof: Difference between revisions
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imported>Doug Williamson (Create page. Sources: The Treasurer, Aug 2018, p13 & linked pages.) |
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<span style="color:#4B0082">'''''Think ahead'''''</span> | :<span style="color:#4B0082">'''''Think ahead'''''</span> | ||
:"In such an era of flux, organisations need assurances on efficiency, competitiveness, scalability and future-proofing for investment decisions. | :"In such an era of flux, organisations need assurances on efficiency, competitiveness, scalability and future-proofing for investment decisions. | ||
| Line 17: | Line 17: | ||
:However, they are often burdened with poor processes and outdated technology." | :However, they are often burdened with poor processes and outdated technology." | ||
:''The Treasurer's Handbook, Approaching technology decisions in the treasury function.'' | :''The Treasurer's Handbook, Approaching technology decisions in the treasury function, Carl Sharman FCA FCT, Head of Treasury Technology Advisory, Deloitte.'' | ||
==See also== | ==See also== | ||
* [[Approaching technology decisions in the treasury function]] | * [[Approaching technology decisions in the treasury function]] | ||
* [[Bespoke]] | |||
* [[Code]] | |||
* [[Currency]] | |||
* [[Enterprise-wide resource planning system]] | * [[Enterprise-wide resource planning system]] | ||
* [[Futures]] | * [[Forward contract]] | ||
* [[Futures contract]] | |||
* [[In-house bank]] | * [[In-house bank]] | ||
* [[Millennium bug]] | |||
*[[Obsolescence]] | |||
* [[Scalability]] | |||
* [[Shared Service Centre]] | * [[Shared Service Centre]] | ||
* [[Treasury management information systems]] | * [[Treasury management information systems]] | ||
* [[Treasury workstation]] | * [[Treasury workstation]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 11:52, 11 October 2023
1. Adjective.
Relatively unlikely to become obsolete in the near future.
2. Verb.
To select or adapt systems appropriately to minimise the risk of obsolescence.
- Think ahead
- "In such an era of flux, organisations need assurances on efficiency, competitiveness, scalability and future-proofing for investment decisions.
- The modern treasury function is expected to be more strategic, to collaborate with the business it serves, and to be comfortable with the use of centres of excellence to support global operations, including the use of in-house banks (IHB) and shared services centres.
- However, they are often burdened with poor processes and outdated technology."
- The Treasurer's Handbook, Approaching technology decisions in the treasury function, Carl Sharman FCA FCT, Head of Treasury Technology Advisory, Deloitte.
