how 2023’s top treasury trends will impact 2024 and beyond

In the current year, treasurers are focusing on key areas like cash flow forecasting, data analytics, and centralisation. Accurately predicting cash flow has become more difficult due to market volatility and uncertainty. Despite advancements in treasury technology over the past three decades, a definitive solution to this issue remains elusive.

Data analytics is a top priority for European treasurers, with senior management expecting treasury to make better use of the vast amount of data available. Additionally, centralisation and standardiSation are key concerns for treasurers in the next 12 to 24 months. This aligns with the goal of gaining a precise overview of an organisation's cash holdings through improved visibility and control mechanisms, returning to fundamental principles.