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How would you use technology to improve corporate cash management?

For companies of all sizes, cash management is an important issue that must be handled in the right way to help promote growth and stability. Cash management refers to a broad area of finance involving the collection, handling, and usage of cash. It often involves assessing the company’s market liquidity, cash flow, and investments

To view a list of commonly used cash management services used by corporations click here.

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Deliverables

We feel that technology is a tool that could be used effectively to help almost every company grow through effective cash management. Several factors make this area of finance ripe for innovation, including the high frequency of similar transactions, the large volume of data, and the analytics available within both the the individual corporation and the entire financial market.

1) What aspect of cash management would you focus on improving? Why?
2) How could technology improve this service or function?
3) How would this technology work? Describe any inputs/outputs necessary.
4) What would the expected impact be for the corporation?
Scoring Criteria:
Your responses will be scored based on creativity, evidence from the financial world supporting your logic, and the feasibility of your technology. We suggest spending most of your time on deliverable #2 and #3.

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This challenge has received 56 submissions
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1667 Square pic lawh2 Georgia Gwinnett College
1667 T Georgia Gwinnett College
1667 0 gplyktqgp7 mrnvcxq dkaqayul7pzucxaa3krfxtw5yilubavztokplkgalx srykf8wbj1xqid Queen's University
1667 Square pic 12418068 1000127803413134 524359937875433869 n National Institute of Technology Trichy
1667 Square pic 11130154 1004852249534220 2727675174053426496 n University of South Florida
1667 R
500 Square pic 1917498 104529916231089 7137024 n Harvard University
500 Square pic 10169454 10203751827296196 7526016488581643825 n University of Texas at Austin
500 F
500 Square pic professional photo Carnegie Mellon University
500 J Georgia Gwinnett College
500 Square pic jackson harris Georgia Gwinnett College
500 J California State University, East Bay
500 M
143 Square pic 150821 naunheim olin masters students 293 Washington University in St. Louis
143 M Georgia Gwinnett College
143 D Georgia Gwinnett College
143 N Georgia Gwinnett College
143 L Georgia Gwinnett College
143 J Georgia Gwinnett College
143 S California State University, East Bay
143 Square pic sadasd Virginia Community College System
143 Z
143 Square pic 21 Contra Costa Community College District
143 T California State University, East Bay
143 Square pic headshot Liberty University
143 Square pic 14331560 10210709341990626 1090923154 n New York University
143 B Georgia Gwinnett College
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