On November 30, 2023, Patrick Bert, sales and marketing director of NEOFI, spoke at ATEL Tech Day, the annual meeting of treasurers of Luxembourg, to talk about flexibility and data control:
''Definitely, the best-known treasury software programs in the market fight every day to enrich their functional spectrum and add to their panel the small amount of business expertise that will differentiate them from their competitors. Certainly, the most demanding of our treasurers and our consulting firms have a keen interest in these most advanced functionalities when choosing their champion, but we must still put things into perspective: what is the point of being the best expert in your field? domain if we forget the most trivial reality summarized in 2 questions:
· In 2023, is it normal for the company to have to modify the organization of its cash flow to adapt to the requirements imposed by the coveted TMS?
· Does this TMS know how to intelligently manage and use all the data sent to it, regardless of the format, protocol, file name, or even the grain of sand that suddenly seizes well-oiled processes?
So, if you decide to deploy one of these colossi with feet of clay, you will suffer during your project not only as soon as we talk about interface, but especially during the painful organizational change that the poor flexibility of your new software.
In addition, to alleviate your suffering, you will probably resort to a subterfuge, a workaround, a little additional software, a specific script which will guarantee the good balance of this new building. What stress then to know that your keystone is only a cobbled together element that will have to be retested with each development, during each update!
At NEOFI, it is our software that adapts to your needs, to your organization, which fills the gaps in your business applications, which manages exchanges with the different applications and alerts you as soon as something goes wrong.
At NEOFI, the TMS is not an ivory tower, it is a control tower that manages not only your cash but also all the events that prevent you from carrying out your job calmly.''
Patrick BERT, 30 November 2023 in Luxembourg.
