In honor of the new year, some of your top priorities may be improving international enterprise collaboration and automating your main treasury processes. SaaS technology has made it easier than ever for companies to work together, but there’s a right way and a wrong way to go about it.
The Keys to the Collaboration Kingdom
As you’re working on global enterprise collaboration, it’s essential that you implement well-defined processes, controls and standards for your international treasury team. You’ll also want to clearly communicate your vision to other departments, such as procurement, accounting, audit, and legal. What this helps to accomplish is setting your treasury up as a well-placed resource and partner throughout the enterprise.
Another key to keep in your back pocket as you’re collaborating is to ensure you have established a common working environment with all necessary departments. You’ll want to properly leverage SaaS technology. SaaS can be connected easy to applications used in other departments, so that you may:
- Create a shared platform for easy interaction between groups in different time zones, geographies or functions
- Increase visibility for shared intelligence and information
- Better automate processes and tasks
Now that you have a few more ideas as to how you can make enterprise collaboration work, you may be ready to learn more about SaaS technology if you aren’t already familiar with it. Put your new knowledge to good use with the help of cutting edge and revolutionary treasury technology.