Ed Barrie’s first daily task as group manager of treasury at Microsoft is opening up his treasury workstation from SAP and taking the pulse of its financial health. “The dashboard is great for horizontal processes like general ledger, accounts payable and managing our cash positions,” Barrie enthuses from the tech giant’s Redmond, Wash.-based headquarters.
The article explains that dashboards are an increasingly important part of “treasury management systems”
Today’s dashboards are packed with cool graphs and charts in a rainbow of colors providing drill-down insight into an array of financial transactions, investments, the weighted average cost of debt, foreign exchange deals and the mark to market on them, among other data. A topnotch TMS dashboard will broadcast the daily status of treasury operations, items pending and what needs to be executed that day. Most provide a total view of cash globally, broken down regionally and summed up.
But many treasures are still having to extract and manipulate excel spreadsheets, because most of today’s dashboards don’t meet their needs, particularly in the area of customization. Which means that SAP’s work to better integrate best-in-class dashboarding such as Xcelsius into its functional applications should be well received – by treasurers from Microsoft and around the world…