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there is a real momentum in the treasury and finance technology space. specialist cfotech solutions are being created with a tremendous speed. however, most cfotech solutions are not available in emerging markets. local market practices, such as the importance of face-to-face relationships, and the requirement in rfps to have a local offce or representation, are leading these innovative solutions to avoid emerging markets. unfortunately, this means that corporates in these regions are not able to take advantage of these ground-breaking technologies to optimize their financial processes. cfos and treasurers have a challenging balancing act: how to pursue finance technology optimizations, while still minding risk? existing treasury management and erp systems might be outdated and a full replacement would be costly, cumbersome and increases risk. adding best-of-breed technology on top of the tms or erp solution could be a financially attractive option, but the solutions do not have a pr