Jack Ma the co $-$owner of Alibaba Group is a leading multinational technology conglomerate.

With a complex structure that included consolidation, multi$-$currency transactions, and multiple subsidiary companies. The company needed a solution that could help them navigate these challenges and reduce its cash management risk. Before implementing cash flow management software, Alibaba group Company relied on manual processes and spreadsheets to track its cash flow. This method was time$-$consuming, error$-$prone, and did not provide real$-$time visibility into the company's financial performance.

As the financial landscape became more complex and uncertain, Alibaba Group Company realized that they needed a more robust solution to manage their cash flow and reduce their risk.

Cite at least $5$ solutions on how the company can Optimize its Financial Processes and explain.