Interview with Sébastien Le Nevé, Sage Sales Director

Sage XRT Solutions is a cash management solution - a TMS - that offers a complete set of functions, all connected in real time. Sage and Cashlab have joined forces to give finance departments the means to manage their cash under the best possible conditions.

What does this partnership mean for Sage?

" The partnership between Sage and Cashlab is above all a meeting of minds between two innovative technological solutions: the benchmark TMS for SMEs and large companies and the best budget forecasting and management solution. The common objective is to support and facilitate the day-to-day operations of financial professionals. Joining forces with Cashlab, and more specifically with its budget preparation module, is an opportunity for our customers to broaden the scope of their cash management needs. Through Cashlab, we have found a natural complement to our Sage XRT Solution TMS, which represents our advanced budget extension. »

What trends have your customers observed in terms of cash management?

"The study of CFOs' priorities for 2024, presented by PwC and the DFCG, is quite revealing: the priority for finance departments in 2024 is cash management. For several years now, CFOs have been paying increasing attention to cash management. Indeed, the geopolitical and economic context of recent years has made cash management a top priority. Cash management was already mentioned as a major issue in the previous edition of the priorities. 

This is something we have also observed among our Sage XRT Solution customers. More than just a trend, finance departments have integrated finer control of their cash flow forecasts into their practices.»

What is your vision for the treasury sector over the next few years?

"Over the last few years, a number of increasingly high-performance software packages with cutting-edge technology, such as Cashlab, have emerged to support finance departments in their digital shift. It's a quest for optimisation, for productivity gains through the automation of low value-added tasks. As a result, finance departments will be able, and have already begun, to turn their attention to more strategic issues.

Added to this is the emergence of artificial intelligence, which is now making its way into our working tools. So I think that the integration of AI into TMS solutions is a major area of transformation that will be taking place over the next few years. This will enable treasurers to concentrate more on analysing their data and on high value-added tasks.»

 

To find out more about Cashlab's budget module, visit our page solution.