Approaching technology decisions in the treasury function - Revision history

imported>Doug Williamson: Make 'author' singular.

2016-11-15T17:56:12Z

Make 'author' singular.

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	\|header1 = ~~Authors~~		\|header1 = Author
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imported>Doug Williamson: Update of author details

2016-11-15T17:26:59Z

Update of author details

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	\| label2 =[~~http~~://~~www~~.~~wipro~~.com/~~blogs~~/~~author~~/~~carl-john-sharman~~/ Carl Sharman]		\| label2 =[https://www2.deloitte.com/uk/en/profiles/casharman.html# Carl Sharman]
	\| data2 =~~Practice Partner, Corporate~~ Treasury ~~and Payments~~, ~~EMEA~~		\| data2 = Head of Treasury Technology Advisory, Deloitte UK
	~~\|header3 =~~
	~~\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]~~
	~~\| data3 =Head – Marketing, Social and Thought Leadership – Global Treasury and Payments Solutions~~

	~~[http://www.wipro.com/services/applications/services/business-application-solutions/treasury-and-payments-framework/ Wipro]~~
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imported>Jeeten.patel@thinkpublishing.co.uk at 09:54, 13 November 2015

2015-11-13T09:54:58Z

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	===Project budgets and timeframe===		===Project budgets and timeframe===
	~~The reason that a~~ treasury is ~~looking at new or next-generation~~ technology will ~~frequently~~ determine ~~which option it eventually chooses. Is it for improving operational efficiency? Is it to enable and empower business decision~~-~~making~~ based ~~on real-time data? Is it to reduce IT costs? Is it to create~~ a ~~future-ready enterprise? Or is~~ it ~~to manage risks effectively? All of~~ the ~~above are variables that drive the decision-making process. However, the top business priority for the treasury office will usually determine the final choice of~~ treasury technology.		One of the key determinants in the choice of treasury technology solutions is the amount of budget and time earmarked for treasury technology rollouts. This will determine the exact treasury product/SaaS-based solution a company chooses, as well as success it can realistically expect in the treasury technology transformation initiatives.

	===Stakeholder buy-in===		===Stakeholder buy-in===

imported>Jeeten.patel@thinkpublishing.co.uk at 15:31, 11 November 2015

2015-11-11T15:31:08Z

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	\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]		\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]
	\| data2 =Practice Partner, Corporate Treasury & Payments, EMEA		\| data2 =Practice Partner, Corporate Treasury and Payments, EMEA
	\|header3 =		\|header3 =
	\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]		\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]

imported>Jeeten.patel@thinkpublishing.co.uk at 15:30, 11 November 2015

2015-11-11T15:30:53Z

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	\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]		\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]
	\| data2 =Practice Partner, EMEA		\| data2 =Practice Partner, Corporate Treasury & Payments, EMEA
	\|header3 =		\|header3 =
	\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]		\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]

imported>Jeeten.patel@thinkpublishing.co.uk at 09:42, 11 November 2015

2015-11-11T09:42:13Z

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	Traditionally, one of the most common business case problems is quantifying the softer benefits, such as more accurate cash forecasting. When you are lucky enough to have hard numbers on your side, you may tend to leave out discussion of the soft benefits altogether. However, this would be a mistake, as you can’t necessarily know in advance which benefits will sway decision-makers. People make decisions based on intangibles as well as tangibles. You may think you have an airtight business case, based on hard benefits, but your sponsors may not agree. Always include qualitative benefits as a potential deal clincher.		Traditionally, one of the most common business case problems is quantifying the softer benefits, such as more accurate cash forecasting. When you are lucky enough to have hard numbers on your side, you may tend to leave out discussion of the soft benefits altogether. However, this would be a mistake, as you can’t necessarily know in advance which benefits will sway decision-makers. People make decisions based on intangibles as well as tangibles. You may think you have an airtight business case, based on hard benefits, but your sponsors may not agree. Always include qualitative benefits as a potential deal clincher.

imported>Jeeten.patel@thinkpublishing.co.uk at 18:01, 9 November 2015

2015-11-09T18:01:58Z

← Older revision		Revision as of 18:01, 9 November 2015
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	\|header2 =		\|header2 =
	\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]		\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]
	\| data2 = Practice Partner, EMEA		\| data2 =Practice Partner, EMEA
	\|header3 =		\|header3 =
	\| label3 = [http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]		\| label3 =[http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]
	\| data3 = Head of Marketing and Thought Leadership, Global Treasury and Payments Solutions		\| data3 =Head – Marketing, Social and Thought Leadership – Global Treasury and Payments Solutions

	[http://www.wipro.com/services/applications/services/business-application-solutions/treasury-and-payments-framework/ Wipro]		[http://www.wipro.com/services/applications/services/business-application-solutions/treasury-and-payments-framework/ Wipro]

imported>Jeeten.patel@thinkpublishing.co.uk at 16:33, 9 November 2015

2015-11-09T16:33:20Z

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	==Get the implementation basics right from the start==		==Get the implementation basics right from the start==
	Strong project management is the key driver of implementation success and can overcome budget constraints, overburdened staff, scarcity of resources and tight timelines. Identifying key implementation roles and responsibilities is essential, including those who can identify and solve problems as they arise; those who have subject matter expertise; those who possess the seniority to allocate internal resources and those who have the capability to oversee the vendor relationship and keep the project on track. Steering committees, if utilised, must meet regularly and have the authority to make decisions and hold the project to account		Strong project management is the key driver of implementation success and can overcome budget constraints, overburdened staff, scarcity of resources and tight timelines. Identifying key implementation roles and responsibilities is essential, including those who can identify and solve problems as they arise; those who have subject matter expertise; those who possess the seniority to allocate internal resources and those who have the capability to oversee the vendor relationship and keep the project on track. Steering committees, if utilised, must meet regularly and have the authority to make decisions and hold the project to account.

imported>Jeeten.patel@thinkpublishing.co.uk: Protected "Approaching technology decisions in the treasury function" (‎[edit=sysop] (indefinite) ‎[move=sysop] (indefinite))

2015-11-09T15:35:01Z

Protected "Approaching technology decisions in the treasury function" (‎[edit=sysop] (indefinite) ‎[move=sysop] (indefinite))

← Older revision

Revision as of 15:35, 9 November 2015

imported>Jeeten.patel@thinkpublishing.co.uk at 13:50, 9 November 2015

2015-11-09T13:50:36Z

← Older revision		Revision as of 13:50, 9 November 2015
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	\|header2 =		\|header2 =
	\| label2 =Carl Sharman		\| label2 =[http://www.wipro.com/blogs/author/carl-john-sharman/ Carl Sharman]
	\| data2 = Practice Partner, EMEA		\| data2 = Practice Partner, EMEA
	\|header3 =		\|header3 =
	\| label3 = Nischala Murthy Kaushik		\| label3 = [http://www.wipro.com/blogs/author/nischala-murthy/ Nischala Murthy Kaushik]
	\| data3 = Head of Marketing and Thought Leadership, Global Treasury and Payments Solutions, Wipro		\| data3 = Head of Marketing and Thought Leadership, Global Treasury and Payments Solutions

			[http://www.wipro.com/services/applications/services/business-application-solutions/treasury-and-payments-framework/ Wipro]
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