[1] It helps companies to manage their financial activities, such as cash flow, assets and investments, automatically.
[2] A TMS is commonly used to maintain financial security and minimize reputational risk.
[2][4] A TMS can use data to analyze and report payments, cash management and flow, banking and accounting.
[5][1] Local systems are installed on a business's home server, and enable maximum control of features and security protocols.
[18] An increasing number of companies have adopted cloud-based systems, which are evolving in features and security.