[…] Automation of treasury processes helps companies reduce costs and improve efficiency in different areas. For example, it helps companies automate the process of creating and sending invoices, remitting payments, and keeping track of the state of accounts payable. Additionally, these automated systems eliminate the need for manual processes, such as chasing payments and creating foreign currency journals. This can free up employees to focus on higher-value tasks such as business expansion, debt payments, and M&A. Automation is also a powerful tool for mitigating risks. …