What metrics should be monitored post implementation of a treasury engine

Post-implementation of a treasury engine, it is crucial to monitor specific metrics to ensure the system’s effectiveness and identify areas for improvement. Key performance indicators (KPIs) include cash flow accuracy, which assesses the precision of cash forecasts and actual cash positions. Additionally, monitoring the percentage of automated processes can help evaluate the level of efficiency achieved through the treasury engine. Another important metric is error rate reduction, which measures the decrease in manual errors due to automation. User adoption rates and feedback also provide insights into how well the system is being utilized and its impact on treasury operations. Regularly reviewing these metrics allows organizations to optimize the treasury engine, align it with evolving business needs, and enhance overall financial management. Key Takeaway: Monitoring KPIs like cash flow accuracy and automation levels ensures treasury engine effectiveness. Sources: [1] https://www.gartner.com/finance, [2] https://www.corporatefinancenstitute.com/