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Focused Expertise - The Virtuoso Advantage
Treasury is often one of your organization’s final frontiers in its implementation
of SAP™. Virtuoso knows that the best technology is useless without the
strategy and business know-how to make the technology work. The Virtuoso
consulting team provides business strategy and technical expertise in the entire
SAP Financials Suite. This means that you can rest assured that your Treasury
solution maximizes SAP integration so that Treasury becomes an integral part of
your entire organization’s business solution and is no longer a disparate system.
Whether you are making small improvements to your existing SAP Cash
Management system - or implementing a complete Treasury solution - Virtuoso
can help you reap big returns on your original SAP investment. Our firm can
help you enhance the performance of your existing system and give you best
practice results with fast track methodologies. Improving systems, optimizing
performance, and extending value is the core principle that the experienced
consultants at Virtuoso can deliver to your organization. Virtuoso’s domain
experts identify features and functionality that help you leverage the full value of
your investment in your entire SAP Financials solution. It is our knowledge of the
entire SAP Financials suite that allows us to deliver value beyond the Treasury
functionality being implemented.
Complete, Accurate, Real-Time Information – The SAP Advantage
For many Treasury departments the flow of information across the organization
has taken traditional forms such as faxing or telephoning cash flow forecasting
data, and more recently attaching spread sheets to e-mail communication, as
well as gathering data from disparate A/P, A/R, General Ledger, and Logistics
systems. A recent client survey carried out by Bank of America revealed that
“Even the largest treasuries are heavily dependent upon methods requiring
manual intervention. Nearly 90% of those surveyed were using spreadsheets,
54% telephone, and 45% fax to gather internal data.” A major problem attached
to receiving information through these various routes is the need to collate the
data into a single usable format, a process that is both time-consuming and
potentially error-prone. By utilizing SAP, your Treasury department is finally
another integrated department within your organization. The SAP Treasury
system is fed with true real-time operational and strategic data from all divisions
and functional areas within your entire organization. The days of manually
gathering and processing data are over. Finally, true and accurate Treasury
reporting and forecasting is at your fingertips.
State-of-the-Art Treasury Solutions
SAP offers a wide array of solutions
including real-time currency and
financial instrument trading, risk
management, real time cash
management forecasting and
reconciliation, as well as security and
debt portfolio tracking. For Treasury
departments that are in constant need
of market data, SAP solutions provide
a secure, real-time link between clients/
subscribers and financial institutions.
An additional benefit is that Treasury
transactions automatically update the
general ledger (including proper entries
for complex transactions such as
Derivatives and FAS133 compliance).
Let the experts at Virtuoso help you
capture the full functionality of the SAP
Treasury solution.
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