Healthcare Digital February 2024 | Page 71

“ We encourage clients to think more broadly . What is the art of the possible ?”

MICHAEL BRADY EXECUTIVE DIRECTOR OF LIQUIDITY
AND ACCOUNT SOLUTIONS , J . P . MORGAN PAYMENTS
“ With many companies evolving into new lines of business or expanding into new markets with globalisation , we are seeing increased alignment between Treasury and the Business lines as a result of the cash implications of these evolutions ,” says Brady .
“ As the demand on Treasury increases , Technology must also have a seat at the table to understand the implications the Treasury infrastructure has on the overall working capital of the company . Treasury should view Technology as a critical partner and involve them in project decisions so that Technology not only understands the language of treasury , but vice versa as well .
“ With resources limited on both sides , it is important to have a clear sense of the implication of projects and decisions on one another .”
There are pressures on both sides to deliver transformation via technology in a cost-effective manner , which is why due diligence is essential to enable smooth project delivery and ROI .
This is where the Treasurer and CTO can work in tandem to secure the best business outcomes . healthcare-digital . com 71