SUBJECT: Treasury Management | SPECIFIC TOPIC: Treasury Systems || EXPOUND the following sub-topics below (Efficiency Issues and Control Issues). Kindly EXPLAIN it thoroughly and give your INSIGHTS especially in your end statements. This will be served as my script for my reporting. So, please, kindly explain it in an UNDERSTANDABLE way. Also, NO PLAGIAR. Here is the link for the FULL PDF of the topic Treasury Systems: https://drive.google.com/file/d/1uhI_IGm3OQlKH1zQnhZlA1vYUMxR-rVI/view?usp=sharing

Efficiency Issues . Minimize data entry. The system should never require the manual entry of a transaction into the system more than once, and prefer- ably should involve automated data collection and posting, so that no manual entry is required at all. . Work flow processing. If supervisory approval is required, the system should electronically route the pertinent transaction to the correct supervisor for approval. Control Issues . Audit trail. All treasury transactions should result in a clearly defined audit trail that identifies who made a transaction and the date, amount, and accounts impacted by the transaction. . Segregation of duties. The system should limit access to certain modules and require approval of key transactions. . Warning indicators. The system should automatically notify users if transaction confirmations have not been received, if hedging poli- cies are being violated, if there are negative cash balances, and so on. These treasury technology issues are applied in the next section, where we address the treasury management system