The future treasury
equipping treasury for today and tomorrow
Treasury is still a relatively new profession compared with other parts of the finance function, yet has become increasingly important as corporations in all industries expand internationally, making it more complex to manage cash and liquidity, finance the business and manage risk.
As treasury structures, processes and controls are increasingly shaped by technology, and the role of treasury continues to evolve, treasury functions need to reinvent themselves to remain relevant and enhance their value to the business. The need to engage and collaborate with internal and external partners will be also be amplified in the coming years. As the experience of Zoetis demonstrates, this engagement and co-creation is already taking place, leading to client-centric solutions that address genuine business needs and pain points. Treasurers should also be looking at the skill sets they will need in the future, and develop a positive and attractive culture to entice new entrants to the profession, an issue already a priority for Salesforce.