Treasury functions have become digital incubators

Treasurers have relied on traditional skills to navigate the circumstances they have faced over the past nine months. Changes forced by the pandemic will impact the way they, and their entire organizations, work in the future.

The events of the past nine months have forced many businesses to focus on survival rather than sustainability, simply because predicting sales and forecasting profits is much more difficult when revenue falls off a cliff.

Core treasury services and associated skills – such as cash management and financial risk management – have not changed. However, the ways in which these skills are delivered has changed, with new levels of integration and broader operational and finance processes and data sets.

Thanks for your interest in Euromoney!
To unlock this article: