Adapting and thriving: Corporate treasurers embrace the digital shift

The role of corporate treasurers is evolving into a strategic function, driven by internal and external factors. Internally, treasurers are facing increased demands from the C-suite and business leaders. Externally, they must navigate rapid changes in real-time payments, complex liquidity and cash-management needs.

More than 30,000 corporate treasurers participated in the Euromoney Cash Management Survey 2024, with 27% of them identifying digitisation and automation as key priorities for their day-to-day operations. These priorities highlight the need for digital investments amidst pressure on headcount within treasury functions.

“Corporate treasurers require additional resources to invest in the people, technology and data required to drive transformational projects,” says Bob Stark, global head of market strategy at Kyriba. “This additional investment should meet the heightened responsibilities that corporate treasurers continue to be tasked with, such as evolving from offering only visibility to delivering actionable recommendations.

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