20% of treasury groups have discovered previously-unknown active bank accounts in the past two years, according to new research from GTreasury and Strategic Treasurer. More than a third of respondents discovered five or more accounts that they hadn't been aware of.
The finding highlights the demand for bank account management solutions, as demonstrated in this year's Treasury Dragons Pitch Session on BAM which saw four rival providers pitch their solutions.
Other findings from the report included:
The survey spoke to 250 corporate respondents between August and September 2021.
Treasury Technology news from the experts at Treasury Dragons.