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The Well-Connected Treasurer
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The Well-Connected Treasurer

Building Value Through Relationships

The Economist Intelligence Unit
EIU, 2016
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7

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Gone are the days when people viewed corporate treasurers as behind-the-scenes functionaries who simply controlled bank accounts and wrote checks. Today, with more companies maintaining a global presence and upping their M&A activity, treasurers shoulder a variety of responsibilities that put them front and center in a firm’s tactical and strategic picture. The Economist Intelligence Unit’s up-to-the-minute survey of corporate treasury staff across a broad industry spectrum shines a light on how the treasurer’s role has changed and how savvy professionals can prepare for their future. getAbstract recommends this article to treasurers, their staff and nonfinancial executives.

Take-Aways

  • While forecasting and controlling cash flow is still a central part of a corporate treasurer’s job, doing so often involves centralizing data from a variety of sources, both domestic and foreign.
  • Treasurers should be able to communicate effectively with diverse and often far-flung departments and sources, foster those relationships, and understand the business operations of different parts of their firms.
  • Electronic payments and virtual payment cards can help improve treasury efficiency.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

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