Insights
Notes from reviews, written for operators.
Short pieces on what we actually see in treasury applications — not vendor news, not a newsletter funnel.
What a TMS application audit actually examines
It is not a software licence review and it is not a full financial-statement audit. Here is the ground we cover when we are asked to look at the application that moves cash.
Aisha Rahman
Control gaps we keep finding in cash positioning
Cash positioning modules are treated as reporting. They are also the input to funding decisions. Three gaps show up in almost every Malaysian corporate we review.
Daniel Tan
Payment files: the control that lives outside the screen
Maker-checker in the TMS is necessary and not sufficient. The file that leaves the building is the actual payment instruction.
Priya Menon
Preparing the treasury team for an application review
The quality of an application audit is limited by the quality of access, extracts, and time with the people who actually operate the screens.
Aisha Rahman
Segregation of duties when the treasury team is small
Malaysian mid-market treasuries often have four people covering front, middle, and back office. A vendor SOD matrix written for a bank will not fit. Compensating controls can, if they are real.
Hafiz Abdullah
After the findings register: remediating without stopping daily cash
A ranked register is only useful if operations can close items while still paying suppliers on Thursday. Sequencing matters more than the count of findings.
Priya Menon