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If your team struggles with getting the most accurate cash-related data in one place, then a cash management system in NetSuite can reduce the manual workload. Here’s how to evaluate them for your NetSuite instance, why you need a CMS and what it looks like when you have the best cash management system in place.
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Do you need a standalone treasury management system if you're on NetSuite?
Enterprise TMS platforms were built for treasury operations most mid-market companies don’t actually run, like global cash pooling, FX hedging and complex debt portfolios. So do you need a full-scope treasury management system, can you use NetSuite’s out-of-the-box tools or is there another option in between? Here’s how to tell if you need a full-fledged TMS or if your team can use what’s available for NetSuite.