Top 9 Treasury Management System Benefits
This article is written by our partner, Nilus You’re prepping for a board call, and someone asks, “Where’s our cash right now across all entities?” If your answer still involves logging into eight portals and piecing together spreadsheets, it’s time to rethink how you’re working. It’s time to start evaluating a modern Treasury Management System (TMS). In an era where treasury teams are under increasing pressure to do more with less, legacy tools simply can’t keep up. Disconnected bank portals, manual reconciliations, and error-prone forecasts slow down decisions and increase risk. But the right TMS flips that script, streamlining complexity, improving liquidity management, and turning financial operations into a competitive advantage. Whether you’re a CFO, a global treasury lead, or a finance professional ready to elevate your function, this post will walk you through the top 9 reasons to invest in a TMS, with real examples, practical takeaways, and none of the fluff. Because in treasury, precision isn’t optional, it’s mission-critical. Here’s how a modern TMS will transform your treasury operation. 9 Key Benefits of a Treasury Management System 1. Cash Forecasting That Keeps Up Updating a rolling 13-week forecast every Friday shouldn’t feel like rebuilding a spreadsheet from scratch. But for many treasury teams, it does. That’s because data lives in five different systems, timelines shift, and nothing is ever quite up to date. A modern TMS automates the heavy lifting, pulling in real-time inflows and outflows from ERPs, banks, and AR/AP systems. It means your forecast evolves with your business, not behind it. The outcome? Fewer last-minute surprises, tighter variance control, and no more scrambling to clean up models before Monday’s liquidity review. 2. Automate the Boring Stuff (and Get Hours Back) You shouldn’t have to babysit a payment run or manually tag every line item in your bank statement. But if you’re using spreadsheets or outdated systems, that’s often the case. A TMS takes those tedious routines off your plate: think payment batches that route through built-in approvals, nightly bank reconciliations that match transactions automatically, and AI tagging that classifies inflows and outflows without manual input. These aren’t just “nice to haves,” they’re hours of work handed back to your team every week. When automation takes care of the repeatable stuff, your team can focus on higher-value tasks like liquidity planning, debt strategy, or vendor negotiations. That’s the real payoff. 3. Real-Time Liquidity, No Detective Work Required Let’s say the CFO needs a cash update before a board meeting. You could spend the next hour chasing balances across APAC, EMEA, and the U.S., or you could just open your dashboard. With a TMS, you get a real-time view of every account, entity, and currency in one place. You’ll know where cash is sitting idle, which regions need support, and how much headroom you really have to invest or borrow. It’s like flipping on the lights in a room that used to be full of blind spots. 4. Spot Risk Before It Becomes a Crisis Treasury risk isn’t abstract; it’s watching a surprise FX swing shrink your cash buffer overnight, or discovering too late that a key counterparty is exposed. A good TMS keeps tabs on the risks you care about, like currency volatility, rate changes, and counterparties, and brings them to your attention before they blow up your plan. Scenario modeling lets you ask “what if?” and get real answers: What if interest rates spike? What if a vendor delay hits next month’s inflows? Think of it as your early-warning system, built right into your workflows, not buried in spreadsheets. 5. Audit Season Without the Stress Scrambling to pull reports the night before an audit? We’ve all been there. A TMS makes that scramble a thing of the past. With built-in controls, permission-based access, and audit trails that log every action, your compliance playbook runs quietly in the background. Whether it’s SOX, GDPR, or an internal policy review, the documentation is already there, no email digging or spreadsheet cross-checking required. You get peace of mind and more time to focus on higher-stakes decisions, not post-facto paper trails. 6. Stop the Tab Hopping: One Dashboard to Rule Them All If pulling together your company’s cash position means toggling between five bank portals, two ERP exports, and a trail of Slack DMs, you’re not alone. A modern TMS ends the madness by giving you one login, one dashboard, and one reliable source of truth. It connects to your banks, ERPs, and payment systems, consolidating balances and transactions into a single view. No more reconciling conflicting numbers or asking three people the same question. Just answers, fast, and in context. 7. Play Out the What-Ifs, Without Breaking Your Brain What if customer payments slip by 15% next quarter? What if your biggest vendor delays a shipment? What if rates spike by 50 bps? With a TMS, you can stop guessing and start simulating. Built-in scenario modeling tools let you test multiple outcomes instantly, without duplicating spreadsheets or building ten tabs for each scenario. It’s like stress testing your strategy in real time, so you’re not just hoping for the best, but planning for whatever happens next. 8. Keep Everyone on the Same (Up-to-Date) Page Treasury doesn’t operate in a vacuum, but it can feel like it when everyone’s using different numbers. A TMS brings consistency to your conversations. Whether it’s the CFO, FP&A, or procurement, each team gets tailored dashboards built from the same real-time data. No more version control issues or back-and-forth about “which spreadsheet is right.” It turns reporting into alignment, and turns alignment into faster, smarter decisions. 9. More Time for Strategy, Less Time Cleaning Up Spreadsheets Treasury teams aren’t short on work; they’re short on hours. A TMS gives you those hours back. Instead of spending your week chasing down missing bank data or fixing formula errors, you’re modeling funding strategies, optimizing working capital, or supporting the next big move. In short: less grunt work, more strategic horsepower. That’s what a modern treasury team needs to stay ahead. How…
Franklin
Stablecoins vs. Tokenized Deposits: The right debate?
Written by Sharyn Tan (Views are my own) As of late 2025, the total stablecoin market capitalization has surged to around $300 billion, with projections suggesting it could exceed $2 trillion by 2028. This growth is fueled by diverse use cases, from cross-border remittances to institutional settlements and DeFi applications. Yet, a persistent debate dominates industry discussions: Will bank-issued stablecoins or tokenized deposits dominate, leveraging regulated trust and scale? Or will non-bank issued, let’s call these ‘open market’, stablecoins, like USDT and USDC, prevail through their programmability, global reach, and network effects? The real question isn’t which model “wins.” It’s what happens if these two universes remain isolated. Without robust interoperability, we risk fragmented liquidity pools that are fast inside their silos but slow and costly across them—undoing the very efficiencies stablecoins promise. Two parallel worlds emerging today Bank-issued stablecoins and tokenized deposits represent a regulated, compliance-first approach. Institutions like JPMorgan, Societe Generale, Fiserv, and European bank consortia are issuing tokens backed by high-quality reserves, often on permissioned or hybrid blockchains. These offer treasurers the familiarity of institutional trust, robust risk management, and integration with existing banking infrastructure. In the U.S., the GENIUS Act of 2025 has accelerated this trend by providing a clear federal framework, encouraging banks to issue stablecoins while maintaining strict reserve and redemption rules. On the other side, ‘open-market’ stablecoins—dominated by issuers like Tether, Circle and Paxos —thrive on public blockchains. They excel in programmability, enabling smart contracts, DeFi yield, and borderless access. These coins power much of the $650–700 billion in monthly on-chain transactions, particularly in emerging markets and crypto-native ecosystems. Their strength lies in network effects: deep liquidity pools, widespread wallet integration, and innovation driven by open ecosystems. Each model addresses distinct needs. Banks provide a regulated scale for corporate treasurers wary of volatility or regulatory scrutiny. Open stablecoins deliver speed and accessibility for global, programmable payments. But for corporate treasurers, duplicated liquidity, trapped capital, and prefunding requirements persist when the two ecosystems don’t seamlessly connect. The Hidden Costs of Non-Interoperability Fragmentation creates real-world pain points. Consider a multinational treasurer managing working capital: Funds held in a bank-issued tokenized deposit might settle instantly within the bank’s network but face delays or high fees when moving to a public chain for DeFi optimization or supplier payments. Conversely, open stablecoins offer global reach but may lack the full regulatory assurances needed for large-scale institutional holding. This silos liquidity, forcing treasurers to maintain excess buffers—reviving the very inefficiencies stablecoins were meant to eliminate. The IMF has warned that proliferation without interoperability could undermine faster, cheaper payments, as networks become restricted by regulations or technical hurdles. Regulatory divergence exacerbates this: The U.S. GENIUS Act emphasizes U.S.-based reserves and federal oversight, while Europe’s MiCA requires EU bank-held reserves, potentially splitting global liquidity into regional pools. Without bridges, we see duplicated efforts: Higher operational costs, increased run risks in isolated ecosystems, and missed opportunities for capital efficiency. In a 24/7digital economy, slow cross-ecosystem transfers mean trapped cash and renewed reliance on legacy rails like SWIFT. So, who is best placed to build the bridges? Industry debate rages on who should lead the construction of essential bridges: traditional banks, agile fintechs and payment giants, or neutral blockchain protocols and infrastructure providers? The ideal future isn’t one party dominating; it’s a connected ecosystem where institutional trust meets open-network innovation. Interoperability allows treasurers to move value securely between regulated and public networks, with full visibility, compliance, and control. No single group can—or should—build these bridges alone. Success demands collaboration: banks for trust anchor, fintechs for orchestration and speed, protocols for technical neutrality. A Treasurer’s Take: Liquidity follows efficiency, and efficiency follows connection The treasurer’s ideal isn’t about picking sides—it’s about making them work together. Regulated tokens bring safety and trust. Open stablecoins bring speed and global reach. The real potential emerges when value moves freely between the two—secure when held, instant when needed. That’s when digital money truly delivers on real-time, programmable finance. Interoperability isn’t optional anymore—it’s the key to unlocking scale, liquidity, and efficiency. Liquidity follows efficiency, and efficiency follows connection. Markets are quick to reward connectivity and just as quick to punish fragmentation. When networks connect, capital moves faster, costs drop, and liquidity multiplies. Fragmented ecosystems, on the other hand, trap cash and recreate the old frictions that digital money was meant to solve. So, maybe it’s time we stop asking who wins and start asking who’s building the bridges. Because the future of money won’t belong to the loudest or the biggest silo—it’ll belong to the best connectors, linking the two together. Also Read Join our Treasury Community Treasury Mastermind is a community of professionals working in treasury management or those interested in learning more about various topics related to treasury management, including cash management, foreign exchange management, and payments. To register and connect with Treasury professionals, click [HERE] or fill out the form below to get more information. Notice: JavaScript is required for this content.