Vareto Finance Glossary

Treasury or Cash Management System


CMS is a software solution that helps in managing a company’s cash across various different bank accounts and other types of liquid investments.


Kyriba, Netsuite, Quickbooks

Why it matters

A company may have multiple bank accounts (sometimes across locations) and needs to ensure that each is appropriately funded to make payments. At times, cash may not be efficiently kept in a checking account, but could be lying in liquid investment accounts such as a certificate of deposit (CD). CMS can help in organizing such aspects while also managing security deposits for a company’s office space.