There are many factors that must be taken into consideration when deciding to select a treasury workstation (treasury management system). One key component is treasury department complexity. In other words, are your treasury operations complex enough to justify the selecting and implementing a treasury workstation? This question is answered differently by each organization. A company with domestic operations and two bank relationships is going to answer this question differently than an international organization with over fifty bank relationships.
Generally, treasury management complexity grows as organizational revenue increases. This is clearly demonstrated in the chart above. Many organizations that are less than $250 Million in annual revenue lack the treasury management complexity (and an actual treasury department) to justify a treasury workstation. Starting at about $250 - $500 million in annual revenue, organization generally start to develop actual treasury departments due of increased treasury management complexity. The utilization of treasury workstations becomes a serious consideration as organization approach $1 billion in annual revenue. Above $5 Billion in annual revenue, most organization require a treasury workstation due to the exponential growth of treasury management complexity and scope of operations.
Do you agree or disagree with this data? Please feel free to use the comments to post your thoughts or questions.
Relevant TreaSolution Services:
Treasury Benchmarking Reports
Treasury Workstation Selection (RFP)
Treasury Workstation Implementation
Treasury Intelligence Reports(FI's)
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Generally, treasury management complexity grows as organizational revenue increases. This is clearly demonstrated in the chart above. Many organizations that are less than $250 Million in annual revenue lack the treasury management complexity (and an actual treasury department) to justify a treasury workstation. Starting at about $250 - $500 million in annual revenue, organization generally start to develop actual treasury departments due of increased treasury management complexity. The utilization of treasury workstations becomes a serious consideration as organization approach $1 billion in annual revenue. Above $5 Billion in annual revenue, most organization require a treasury workstation due to the exponential growth of treasury management complexity and scope of operations.
Do you agree or disagree with this data? Please feel free to use the comments to post your thoughts or questions.
Relevant TreaSolution Services:
Treasury Benchmarking Reports
Treasury Workstation Selection (RFP)
Treasury Workstation Implementation
Treasury Intelligence Reports(FI's)
If you found this information interesting, others will also. Please feel free to share this page on social media by clicking the buttons below:
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