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Mastercard launches ‘Global Treasury Intelligence’ to help organizations gain greater visibility into payment flows

Mastercard has launched Global Treasury Intelligence, a cloud-based platform designed to give businesses more visibility into how and where they spend money – and with which suppliers.

According to The Paypers, “The idea for this new product launch came to Mastercard after consulting Strategic Treasurer’s Cash Forecast and Visibility poll results”, wherein 91% of respondents noted they still used spreadsheets for forecasting. This results in businesses often struggling with visibility into company-wide spending.

To address this pressing need, the new analytics platform will integrate and standardize data from all company sources to offer a complete picture of payment options across an entire global organization. By offering full visibility into payment practices, the data-driven treasury intelligence platform will enable organizations “To execute more effective and sustainable financial strategies, and support corporate priorities such as cash management, risk assessment and ESG goals”, said Mastercard.

As per a news story published on CTMfile last week, Global Treasury Intelligence automates data collection from clients’ enterprise resource planning (ERP) systems to give them a view of all payment flows across suppliers, commodities and lines of business, integrating this information with relevant third-party data.


Source: Mastercard

“The health of the business does not sit in just one team or silo. With Global Treasury Intelligence, we are providing the broad, interconnected views our customers need to make smarter decisions with better outcomes across their enterprises”, observed Raj Seshadri, President, Data & Services, Mastercard.

Clients can use Mastercard’s treasury analytics solution to uncover operational savings, sort suppliers by payment terms, quantify the benefits of optimised payments practices, and evaluate current performance versus KPIs.

In addition, the platform is designed to better support and advance digital payments for existing corporate customers. “The platform captures commercial payment flows to support customer product needs today, including purchasing cards, procurement offerings and Travel & Entertainment (T&E) technology”, noted Mastercard.

“HSBC is an early adopter”, according to Brian Tomkins, Global Head of Commercial Cards, HSBC. Tomkins says the technology is helping the bank gain insights into the needs of its clients. “By unlocking this data-driven collaboration with our customers, we see how to best help them achieve their goals for treasury”, he explains.

Developed in collaboration with AI-powered spend analytics engine Robobai, the system offers corporations a complete payments view that enables them to abandon spreadsheets and more efficiently and accurately analyse global payments and manage risks.  

The cloud-based analytics platform will be available to customers in most markets around the world. Users can view a digital interactive preview of the service here.

In conclusion, whether it’s tracking payment channels, monitoring payment leakage, learning how supplier ESG rating impacts your own risk, or identifying opportunities for expansion of commercial cards, Mastercard’s Global Treasury Intelligence provides greater visibility into treasury management data and also offers quantified and actionable insights for procurement and finance. In doing so, it helps stakeholders of your organization make data-driven and collaborative decisions about how to attain their business goals.  

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