GTreasury

GTreasury Forecasts More Universities to Join Treasury Automation


Embry-Riddle

 

Treasury operations are in a relatively early evolutionary stage at many North American universities, despite the fact that these institutions face just the same liquidity and financial risk management challenges as confront similarly-sized corporates. They rarely use specialist technology such as treasury workstations to support their critical treasury operations, but Embry-Riddle is an exception to the general rule.





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Highlights:
  • Forecasting is so important to universities because it provides the ability to track variances between actuals and forecast
  • The lack of presence treasury workstations have in the education industry
  • GTreasury's forecasting functionality calculates forecasted items on account, transaction type and date range

“The ability to view transactions at such a granular level is so beneficial, and really helps when forecasting our data.”

Jorge Caraballo, Treasury Analyst, Embry-Riddle University


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