The treasury function: from back-office to strategic lead

15-06-25 13:36 | About Nordea

The treasury function can expect a bright future at the top table — so says new research conducted by Nordea. We surveyed 82 large corporate treasuries and interviewed more than 60 Chief Financial Officers (CFOs) and treasurers to find out how the treasury function has changed and what it will look like by 2017.

 Our conversations with treasurers have made it clear that the treasury function is in transition. While treasurers express some uncertainty over market conditions and exposure, they are hopeful about how their own positions have developed and certain about their ability to add value to their businesses. We set out to find out exactly how the treasury has fared during a challenging period — and to see what the future holds.

 “Almost 60% of respondents said providing advice would be a key responsibility for the treasury in two to three years”.

 - The treasury function is being challenged to execute transactions more efficiently, while providing strategic advice on a wide range of cash management issues, says Erik Zingmark, Nordea’s Head of Cash Management and Deputy Head of Transaction Products. - And our research shows that treasury departments are delivering.

 To find out more about the main issues facing the treasury function in large corporates, download the Nordea Treasury 2017 report from Nordea Insights