Software as a Service Faster Than My IT Department

Treasury is a strange world for the internal IT in large operations. Treasury does not really fit in to all the IT policies, large ERP projects and other bureaucracy surrounding the IT organization. One example is collecting data from the operating companies such as account receivables and payables to calculate risk and cash flow forecasting. Setting up new solutions through the IT governance structure can take a lot of time and be very costly. Therefore SaaS (Software as a Service) many time makes sense for treasury. Buying directly from fast moving suppliers that set-up and run efficient solutions circumventing the inertia of your own IT department.