Today, more than ever before, corporate treasurers play a critical role as they help their firms implement strategies and transform their business models amidst an increasingly unpredictable and complex environment.
The world is in flux, and businesses and the finance departments that support them, have to create order, efficiency and clarity so that opportunities can be identified and captured. From the convergence of geopolitical and demographic shifts, to regulatory change and rapid technological developments, the challenges facing today’s finance professionals require them to be more deeply embedded in their organisations, collaborating with colleagues in other business divisions, and driving innovation.
While change and complexity are not new for the seasoned finance professional, what is new is the pace and acceleration with which the change is taking place. These fast-paced shifts are resulting in a continually evolving set of liquidity and cash management needs, even as more and more of the treasurer’s time is spent on addressing the business’ long-term strategic plans. Needless to say, it is an exciting time to be in treasury!