Patrick Bert (NEOFI): Simplifying Corporate Treasury with Tailored and Scalable Solutions
@DR
Companies are seeking right-sized solutions rather than overly sophisticated, "best-in-class" or "heavyweight" systems that are expensive and oversized. How does NEOFI make treasury management for medium-sized companies simpler and more accessible without requiring heavy investment?
If companies lack the human and financial resources to afford a "big and beautiful" TMS, SaaS offers a promising solution. However, despite its advantages, SaaS quickly reaches its limits by imposing the same standard on all clients. By definition, every client is different. So, who should adapt? The only acceptable answer is NEOFI! Built on a robust and high-performance technical foundation, NEOFI allows you to select the features you need without discarding your existing setup. You retain your current processes, which can be modelled in NEOFI, and build your solution module by module on the same foundation. This gives you the autonomy to evolve configurations as your organisation and business grow. FinTechs often entice users with sleek interfaces and new functionalities. But can they truly manage and integrate with existing systems? NEOFI bridges the gap between old and new technologies. Thanks to NEOFI, businesses can evolve with peace of mind, free from the technical and financial stresses of adapting their TMS.
What trends have you observed in treasury solutions? What major challenges are treasurers and your clients facing?
Trends in treasury solutions consistently fall into three categories: functional, technical, and ergonomic.
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The race for the most sophisticated additional functionality continues to captivate both treasurers who love innovation and the most expert consultants in the field.
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Treasury solutions will always need to interface with other applications, tools, systems, and data sources. This interfacing is primarily a technical concern that treasurers struggle to grasp and for which they need to rely on their IT departments. They must then adhere to processes and timelines that differ from their daily routines. Their salvation lies in APIs—provided the counterpart agrees!
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The pursuit of ergonomics appeals to those who value comfort, ease, and intuition, entering a more subjective realm.
New market entrants often neglect connectors, focusing instead on ergonomics and functionalities. Choosing a provider boils down to balancing selection criteria across these three categories.
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Challenges facing our clients
They lament static PDF reports, struggle with Excel to rework them, and want fluid, interactive, and customizable reports that they can produce without help from the software provider. In rushing toward the future, the past is often forgotten: many legacy applications still don't support XML or APIs. Major providers have chosen to disregard old formats and protocols, which slows projects until converters can be found. NEOFI helps clients tackle these challenges with confidence!
"Thanks to NEOFI, businesses can evolve with peace of mind, free from the technical and financial stresses of adapting their TMS."
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