Read this blog to gather insights on what are the next steps after implementation, and how to grab opportunities by utilizing treasury technology efficiently. Continuing from there, this blog will mention additional best practices to get continued value post-implementation.
In the case of SaaS products, most upgrades come to the clients automatically. But not all the features within an upgrade are automatically forced upon the clients, and they can choose if they want to implement a particular feature. So it’s essential to:
The most important thing is to go back to the initial functional requirements and see if the initial requirements and initial KPIs are realized.
Most vendors offer annual conferences that help to learn how other clients are using the same software or getting different values from it. So, going to conferences gives a chance to learn more ways of how additional value can be obtained from the system.
Providing feedback to the vendors encourages them to foster good communication and networking and helps to improve the product.
Cleaning up the system for every one or two years ensures the system functions optimally. It helps to:
The HighRadius™ Treasury Management Applications consist of AI-powered Cash Forecasting Cloud and Cash Management Cloud designed to support treasury teams from companies of all sizes and industries. Delivered as SaaS, our solutions seamlessly integrate with multiple systems including ERPs, TMS, accounting systems, and banks using sFTP or API. They help treasuries around the world achieve end-to-end automation in their forecasting and cash management processes to deliver accurate and insightful results with lesser manual effort.